Heckman, James; Matzkin, Rosa; Nesheim, Lars - Centre for Microdata Methods and Practice (CEMMAP) - 2005
information must be obtained (e.g. about
how much households are willing to pay for x:)
Nevertheless, knowledge of Uz improves our … knowledge about the welfare impacts of
changes in x: In addition, knowledge of Uz combined with information about �rms technolo … computed without knowledge of the structural functions.
We now turn to an analysis of identi�cation of the nonaddictive hedonic …