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  • Search: subject:"Conditional Compensating Variation"
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Year of publication
Subject
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CES 1 Conditional Compensating Variation 1 Multinomial Logit Model 1 Random Utility Models 1 Shephard’s Lemma 1 Transition Choice Probabilities 1
Online availability
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Free 1
Type of publication
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Book / Working Paper 1
Language
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English 1
Author
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Kilani, Karim 1 Palma, André de 1
Institution
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Théorie Économique, Modélisation, Application (THEMA), Université de Cergy-Pontoise 1
Published in...
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THEMA Working Papers 1
Source
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RePEc 1
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Transition choice probabilities and welfare analysis in random utility models
Palma, André de; Kilani, Karim - Théorie Économique, Modélisation, Application … - 2007
We study the descriptive and the normative consequences of attribute changes in standard discrete choice models. For additive random utility models, we derive expressions for the transition choice probabilities for a change in the systematic utility. We then use these expressions to compute the...
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