Search Results - subject:"Discrete Choice Models"

Determinants of Environmental Innovation – New Evidence from German Panel Data Sources

Horbach, Jens - Fondazione ENI Enrico Mattei (FEEM) - 2006

they contain questions that allow the identification of environmental innovations. We use discrete choice models for each …

Persistent link: https://www.econbiz.de/10005570326

Semi-Parametric Inference in Dynamic Binary Choice Models

Norets, Andriy; Tang, Xun - Department of Economics, University of Pennsylvania - 2013

We introduce an approach for semi-parametric inference in dynamic binary choice models that does not impose distributional assumptions on the state variables unobserved by the econometrician. The proposed framework combines Bayesian inference with partial identification results. The method is...

Persistent link: https://www.econbiz.de/10010822905

Public transportation in Cartagena, Colombia: Understanding preferences using discrete choice models

Gonzalez, Daniel Toro - In: REVISTA ECONOMÍA & REGIÓN (2013)

This paper revisits the data set collected by Toro, Alvis and Arellano (2005) in order to evaluate three main models in transportation: probit, conditional logit, and the nested logit. The results show that the advantages of other transportation modes over buses are their lower travel and...

Persistent link: https://www.econbiz.de/10010762906

Estimation of the preference heterogeneity within stated choice data using semiparametric varying-coefficient methods

Hoshino, Tadao - In: Empirical Economics 45 (2013) 3, pp. 1129-1148

This study proposes the use of semiparametric varying-coefficient methods to estimate the preference heterogeneity within stated choice data. Semiparametric varying-coefficient methods have the potential to overcome the disadvantages of conventional random parameter models and latent class...

Persistent link: https://www.econbiz.de/10010794006

Subjective Well-Being, Income and Relative Concerns in the UK

Distante, Roberta - In: Social Indicators Research 113 (2013) 1, pp. 81-105

We present an empirical model aimed at testing the relative income hypothesis and the effect of deprivation relative to mean income on subjective well-being. The main concern is to deal with subjective panel data in an ordered response model where error homoskedasticity is not assumed. A...

Persistent link: https://www.econbiz.de/10010848476

Welfare gain from quality and price development in the Japan’s LCD TV market

Nakano, Satoshi; Nishimura, Kazuhiko - In: Journal of Evolutionary Economics 23 (2013) 4, pp. 889-908

We estimate the welfare gain from innovations in the LCD TVs that prevailed during the period 2005–2007 in Japan, via consumer surplus that we measure with the aid of discrete choice methods, using market data obtained from an internet price comparison service (Kakaku.com). Further, by the...

Persistent link: https://www.econbiz.de/10010849039

A Classical MCMC Approach to the Estimation of Limited Dependent Variable Models of Time Series

Monokroussos, George - In: Computational Economics 42 (2013) 1, pp. 71-105

Estimating limited dependent variable time series models through standard extremum methods can be a daunting computational task because of the need for integration of high order multiple integrals and/or numerical optimization of difficult objective functions. This paper proposes a classical...

Persistent link: https://www.econbiz.de/10010866872

Integrated mixed logit and latent variable models

Danthurebandara, Vishva; Vandebroek, Martina; Yu, Jie - In: Marketing Letters 24 (2013) 3, pp. 245-259

Extending the traditional discrete choice model by incorporating latent psychological factors can help to better understand the individual’s decision-making process and therefore to yield more reliable part-worth estimates and market share predictions. Several integrated choice and latent...

Persistent link: https://www.econbiz.de/10010867828

A flexible model structure approach for discrete choice models

Ishaq, Robert; Bekhor, Shlomo; Shiftan, Yoram - In: Transportation 40 (2013) 3, pp. 609-624

Multi-dimensional discrete choice problems are usually estimated by assuming a single-choice hierarchical order for the entire study population or for pre-defined segments representing the behavior of an “average” person and by indicating either limited differences or a variety in choices...

Persistent link: https://www.econbiz.de/10010989545

Development of an indicator to assess the spatial fit of discrete choice models

Páez, Antonio; López, Fernando A.; Ruiz, Manuel; … - In: Transportation Research Part B: Methodological 56 (2013) C, pp. 217-233

Discrete choice models are increasingly implemented using geographical data. When this is the case, it may not be … widely implemented for discrete choice models, where the variable of interest is categorical. For this reason, despite recent … applied to the results of discrete choice models. Utility of the indicator is explored by means of numerical experiments and …

Persistent link: https://www.econbiz.de/10011065521