Search Results - subject:"Random Utility"

Random regret minimization for consumer choice modeling : assessment of empirical evidence

Chorus, Caspar; Cranenburgh, Sander van; Dekker, Thijs - In: Journal of business research : JBR 67 (2014) 11, pp. 2428-2436

Persistent link: https://www.econbiz.de/10010402784

Stochastic choice and consideration sets

Manzini, Paola; Mariotti, Marco - In: Econometrica : journal of the Econometric Society, an … 82 (2014) 3, pp. 1153-1176

Persistent link: https://www.econbiz.de/10010506472

Theoretical and practical arguments for modeling labor supply as a choice among latent jobs

Dagsvik, John K.; Jia, Zhiyang; Kornstad, Tom; … - In: Journal of economic surveys 28 (2014) 1, pp. 134-151

Persistent link: https://www.econbiz.de/10011293030

On price and income effects in discrete choice models

Delle Site, Paolo - In: Theoretical economics letters 4 (2014) 6, pp. 497-505

Persistent link: https://www.econbiz.de/10010530797

Random choice as behavioral optimization

Gul, Faruk; Natenzon, Paulo; Pesendorfer, Wolfgang - In: Econometrica : journal of the Econometric Society, an … 82 (2014) 5, pp. 1873-1912

Persistent link: https://www.econbiz.de/10011556926

Accommodating Complex Substitution Patterns in a Random Utility Model of Recreational Fishing

Hunt, Len M.; Boxall, Peter C.; Boots, Barry - 2007

We employed a cross-nested logit (CNL) model that permits a rich pattern of substitution among alternatives within a closed form choice model. The specification we employed is ideal for applications with many choice alternatives, such as the 431 fishing sites in this application. The CNL model...

Persistent link: https://www.econbiz.de/10009443358

The Tariff Equivalent and Forgone Trade Effects of Prohibitive Technical Barriers to Trade

Yue, Chengyan; Beghin, John C. - 2007

. We apply the derived random utility model to international trade inapples to identify the tariff equivalent of …

Persistent link: https://www.econbiz.de/10009445588

Using flexible taste distributions to value collective reputation for environmentally-friendly production methods

Scarpa, Ricardo; Thiene, Mara; Marangon, Francesco - Department of Economics, Waikato Management School - 2007

. Keywords Mixed logit Flexible taste distributions Random utility parameters Collective reputation Sustainable …

Persistent link: https://www.econbiz.de/10005404222

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 … survey is usually the only option. Denote the number of alternatives by J. We use the random utility framework, see Manski … implicitly assume that respondents are able to rank each item according to the random utility model. However, it has already been …

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

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