Campbell, Danny; Hutchinson, W. George; Scarpa, Riccardo - Department of Economics, Waikato Management School - 2007
implications of discontinuous preferences on willingness to pay estimates. Using a multinomial error component logit model, we … on willingness to
pay estimates. Using a multinomial error component logit model, we explore
differences in scale and …-fit in discrete choice models and biased WTP estimates. Using multinomial error
component model specifications we combine …