This paper develops an asymptotic theory for time series discrete choice models with explanatory variables generated as integrated processes and with multiple choices and threshold parameters determining the choices. The theory extends recent work by Park and Phillips (2000) on binary choice...

As various mobile contents can be delivered over mobile platform, mobile contents have been considered as new profit opportunities, Choices of mobile contents and mobile terminals are not independent but closely related. Accordingly, this paper analyses consumer preferences and correlations...

In this study, households’ decisions on reconstruction of damaged houses were modeled, using questionnaire data in Japan. Characteristics of households’ decisions were investigated using parameter estimation results. The effects of subsidizing policy were evaluated as follows. First, subsidy...