Journal ArticleDOI
Discrete/continuous models of consumer demand
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This article is published in Econometrica.The article was published on 1984-05-01. It has received 786 citations till now. The article focuses on the topics: Demand curve.read more
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Structural Models of Complementary Choices
Steven Berry,Ahmed Khwaja,Vineet Kumar,Andres Musalem,Kenneth C. Wilbur,Greg M. Allenby,Bharat N. Anand,Pradeep K. Chintagunta,W. Michael Hanemann,Przemyslaw Jeziorski,Angelo Mele +10 more
TL;DR: In this article, the authors review the rapidly growing literature on structural models of complementary choices and discuss recent modeling developments and identify promising areas for future research, as well as future research directions.
Journal ArticleDOI
Modeling Indivisible Demand
Sanghak Lee,Greg M. Allenby +1 more
TL;DR: A general framework for dealing with indivisible demand in economic models of choice is proposed and how to estimate model parameters using Bayesian methods is shown, which results in inaccurate measures of metrics such as price elasticity and compensating value.
Posted Content
Brands in Motion: How frictions shape multinational production
Keith Head,Thierry Mayer +1 more
TL;DR: In this paper, the authors use disaggregated data on car assembly and trade to estimate a model of multinational production and investigate the consequences of three trade integration experiments: TPP, TTIP, and Brexit.
Journal ArticleDOI
Norwegian emissions of CO2 1987–1994
TL;DR: In this article, the effect of CO2 taxes on oil consumption and CO2 emissions in Norway has been studied on the basis of partial economic models for various sectors of the Norwegian economy.
Journal ArticleDOI
Conservation of maritime cultural heritage: A discrete choice experiment in a European Atlantic Region
TL;DR: In this paper, the authors used discrete choice experiments to quantify the social wellbeing derived from maritime conservation policies and found that the results support public intervention to conserve maritime and fishing heritage and may be used to design appropriate policies and economic incentives for preservation.
References
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Journal ArticleDOI
Sample Selection Bias as a Specification Error
TL;DR: In this article, the bias that results from using non-randomly selected samples to estimate behavioral relationships as an ordinary specification error or "omitted variables" bias is discussed, and the asymptotic distribution of the estimator is derived.
Journal Article
Modeling the choice of residential location
TL;DR: The problem of translating the theory of economic choice behavior into concrete models suitable for analyzing housing location and methods for controlling the size of data collection and estimation tasks by sampling alternatives from the full set of alternatives are discussed.
Journal ArticleDOI
An Econometric Analysis of Residential Electric Appliance Holdings and Consumption
Jeffrey A. Dubin,Daniel McFadden +1 more
TL;DR: In this paper, the authors used a subsample of the 1975 survey of 3249 households carried out by the Washington Center for Metropolitan Studies (WCMS) for the Federal Energy Administration for the purpose of testing the statistical exogeneity of appliance dummy variables typically included in demand for electricity equations.
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Urban travel demand - a behavioral analysis
T A Domencich,Daniel McFadden +1 more
TL;DR: In this paper, the authors integrate economic concepts of supply and demand equilibrium for urban activities using the concept of traffic equilibrium within transportation networks and describe the cutting edge in travel demand analysis using the latest methods.