Search Results - subject:"Discrete Choice Models"

Simplified implementation of the Heckman estimator of the dynamic probit model and a comparison with alternative estimators

Arulampalam, Wiji; Stewart, Mark B. - 2007

This paper presents a convenient shortcut method for implementing the Heckman estimator of the dynamic random effects probit model using standard software. It then compares the three estimators proposed by Heckman, Orme and Wooldridge based on three alternative approximations, first in an...

Persistent link: https://www.econbiz.de/10010268488

Advances in Mathematical Models in Marketing

Aravindakshan, Ashwin - 2007

This dissertation comprises a series of three essays that relate advances made to both theoretical and empirical issues in marketing. The first essay discusses the issue of endogeneity of market share and price in logit models and provides a theoretical procedure to solve this problem. The...

Persistent link: https://www.econbiz.de/10009450661

Where do MNEs expand production: Location choices of the pharmaceutical industry in Europe after 1992

Ruane, Frances P.; Zhang, Xiaheng - 2007

production within the EU. Using discrete-choice models, we study the determinants of multinationals' location choices in terms of …

Persistent link: https://www.econbiz.de/10010290578

How to make money by feeding the tourists: the case of Fiji

Salvioni, Cristina - European Association of Agricultural Economists - EAAE - 2007

This paper reports a study of the horticultural chain in Fiji. The objectives of the research was to understand how the domestic horticultural supply could meet the demand currently generated by the tourism sector, i.e. how new income opportunities for the rural people could be generated by...

Persistent link: https://www.econbiz.de/10005483920

A rank-ordered logit model with unobserved heterogeneity in ranking capabilities.

Dijk, A. van; Fok, D.; Paap, R. - Erasmus University Rotterdam, Econometric Institute - 2007

respondents. JEL Classiflcation: C25, C52 Keywords: Discrete Choice Models, Random Utility, Stated Preferences ⁄We thank Philip …

Persistent link: https://www.econbiz.de/10005450835

Models for Non-Exclusive Multinomial Choice, with Application to Indonesian Rural Households

Gilbert, Christopher L.; Modena, Francesca - Dipartimento di Economia e Management, Università … - 2007

Textbook discussions of discrete choice modelling focus on binomial and multinomial choice models in which agents select a single response. We consider the situation of non-exclusive multinomial choice. The widely used Marginal Logit Model imposes independence and has other disadvantages. We...

Persistent link: https://www.econbiz.de/10005465265

A rank-ordered logit model with unobserved heterogeneity in ranking capabilities.

Paap, Richard; van Dijk, van Dijk, A.; Fok, Fok, D. - Faculteit der Economische Wetenschappen, Erasmus … - 2007

In this paper we consider the situation where one wants to study the preferences of individuals over a discrete choice set through a survey. In the classical setup respondents are asked to select their most preferred option out of a (selected) set of alternatives. It is well known that, in...

Persistent link: https://www.econbiz.de/10010731907

Semiparametric Bayesian Estimation of Random Coefficients Discrete Choice Models

Tchumtchoua, Sylvie; Dey, Dipak - Zwick Center for Food and Resource Policy, Department … - 2007

. In this paper, we propose a semiparametric Bayesian framework for the analysis of random coefficients discrete choice … models that can be applied to both individual as well as aggregate data. Heterogeneity is modeled using a Dirichlet process …

Persistent link: https://www.econbiz.de/10010914223

Semiparametric identification of structural dynamic optimal stopping time models

Chen, Le-Yu - Centre for Microdata Methods and Practice (CEMMAP) - 2007

semiparametrically identi�ed using control function approaches. KEYWORDS : structural dynamic discrete choice models, semiparametric … empirical work on dynamic discrete choice models and Wolpin (1996) for the use of such models in public policy evaluation. 1I am … research. 1 Structural estimation of dynamic discrete choice models is attractive to researchers because it tightly links …

Persistent link: https://www.econbiz.de/10005037568

Passengers' Airport Choice

Gelhausen, Marc Christopher - Volkswirtschaftliche Fakultät, … - 2007

Modelling airport choice of passengers has been a subject of interest for air transport scientists and airport managers already for a while. Wilken, Berster and Gelhausen have reported of a market segment specific model approach to airport choice in Germany in a paper entitled "Airport Choice in...

Persistent link: https://www.econbiz.de/10005026635