Figuerola, Catalina M. Torres; Hanley, Nick; Colombo, Sergio - Centre de Recerca Econòmica (UIB ·"Sa Nostra") - 2011
A range of empirical approaches to representing preference heterogeneity have emerged in choice modelling. Researchers … estimates from using the incorrect model to account for taste heterogeneity. Our main finding is that using an RPL specification …