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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The Welfare Effects of Environmental Taxation on a Green Market Where Consumers Emit a Pollutant
TL;DR: In this article, the authors examined the welfare impact of emission taxes and subsidies in a green market where consumers emit a pollutant through their usage of products produced by duopolists and found that an emission tax is always welfare dominant over a subsidy on consumer purchases of the clean product because of its contribution to a reduction in environmental damage.
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Urban travel demand model with endogenous congestion
Marco Batarce,Marc Ivaldi +1 more
TL;DR: In this article, the authors formulate and estimate a structural model for travel demand in which users have heterogeneous preferences and make their transport decisions based on network congestion, and use the model to evaluate the effect on the welfare of increasing the cost of car trips and implementing a second-best fare schedule for bus transit.
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Consumer willingness to pay for non‐mandatory indication of the fish catch zone
TL;DR: In this article, the authors applied a dichotomous choice contingent valuation method on a sample of 250 Italian consumers and found that consumers were willing to pay an average premium price of 4.75% for knowing the catch zone of fish used as ingredients of fish-based processed food.
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Exact Estimation of Demand Functions under Block-Rate Pricing
TL;DR: In this paper, the authors propose an exact estimation of demand functions under block-rate pricing by focusing on increasing block rate pricing, which is the first study that explicitly considers the separability condition which has been ignored in previous literature.
Journal ArticleDOI
Price sensitivity and consumers’ support for renewable energy in China
TL;DR: In this paper, the authors investigated how consumers' price sensitivity affects their support for renewable energy, from the perspective of the probability they are willing to pay a premium for the electricity generated from renewable energy (i.e., green electricity) and the amount of premium they are unwilling to pay for each unit of green electricity.
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.