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
Citations
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The value of time spent on collecting water : some estimates for Ukunda, Kenya
TL;DR: In this paper, the authors presented two procedures for estimating the value that households assign to the time they spend collecting water, and the results suggest that households in this sample consider the time spent collecting water as a significant economic cost.
The Generalized Multiple Discrete-Continuous Extreme Value ( GMDCEV) Model: Allowing for Nonadditively Separable and Flexible Utility Forms
TL;DR: In this paper, a closed-form model formulation for multiple discrete-continuous choices was developed that allows a non-additive utility structure, and accommodates rich substitution structures and complementarity effects.
Journal ArticleDOI
Fisher-Level Decision Making to Participate in Fisheries Improvement Projects (FIPs) for Yellowfin Tuna in the Philippines.
TL;DR: The results demonstrate that different types of capabilities are required in order to participate in different FIP models, and individual firm capabilities are more important for fishers participation in market-oriented FIPs, which use direct economic incentives to encourage improvements in fisher practices.
Journal ArticleDOI
Behavioral Responses to Science-based Eco-labeling: Gold, Silver, or Bronze
TL;DR: In this paper, the authors gratefully acknowledge funding from U.S. Oceanic and Atmospheric Administration grant (NA14OAR4170087), State of Delaware Federal Research and Development Matching Grant Program grant (16A00407), and USDA Hatch grant (59-6000-4-0064).
Journal ArticleDOI
When Pavarotti Meets Harry Potter at the Super Bowl
Shlomi Parizat,Ron Shachar +1 more
TL;DR: In this paper, a multiple discrete-continuous choice model was proposed to estimate the magnitude of the interdependencies across leisure activities, which can be due not only to the time and budget constraints, but also to correlation in preferences across these activities as well as the need to pay travel costs for out-of-home activities.
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.