for endogeneity. It is a two step estimation method employing a control function approach: the first step generates a … control function using a linear regression, and the second step maximizes the multinomial log likelihood function with the … multinomial logit conditional mean which depends on the control function generated in the first step. Monte Carlo simulations …

This paper proposes using a control function to correct for endogeneity in recreation demand models. The control … the control function can correct for travel cost endogeneity, although we find that the model with ASCs produces … function approach is contrasted with the method of alternative specific constants (ASCs), which has been cautiously promoted in …

Random Effects and Control Function to account for the endogeneity of regressors in a structural equations model, is …

endogenous. Our approach is to augment the main equation of interest with a control function which accounts for sample …

variable. To the best of our knowledge, this has not been done before. We propose a control function approach based on two di …

Random Effects" and "Control Function" to account for the endogeneity of regressors in a structural equations model, is …