Search Results - subject:"Random Utility"

Calibrating Benefit Function Transfer to Assess the Conservation Reserve Program

Hellerstein, Daniel; Feather, Peter - Volkswirtschaftliche Fakultät, … - 1997

Benefit transfer offers an inexpensive alternative to conducting an original study to determine economic value. Unfortunately, benefit transfers can also result in biased welfare estimates. In this paper, we suggest a method of calibrating the benefit transfer to reduce this bias. An empirical...

Persistent link: https://www.econbiz.de/10008681020

Potential Demand for Alternative Fuel Vehicles

Dagsvik, John K.; Wetterwald, Dag G.; Aaberge, Rolf - 1996

, according to the respondent's preferences. Several versions of a random utility model are formulated and estimated. They include …

Persistent link: https://www.econbiz.de/10011967937

Dynamic Choice, Multistate Duration Models and Stochastic Structure

Dagsvik, John K. - 1996

consistent random utility model where the utilities are independent extremal processes in time. Finally, the framework is …

Persistent link: https://www.econbiz.de/10011967944

Potential Demand for Alternative Fuel Vehicles

Dagsvik, John K.; Wetterwald, Dag G.; Aaberge, Rolf - Statistisk Sentralbyrå, Government of Norway - 1996

, according to the respondent's preferences. Several versions of a random utility model are formulated and estimated. They include …

Persistent link: https://www.econbiz.de/10004980798

Dynamic Choice, Multistate Duration Models and Stochastic Structure

Dagsvik, John K. - Statistisk Sentralbyrå, Government of Norway - 1996

consistent random utility model where the utilities are independent extremal processes in time. Finally, the framework is …

Persistent link: https://www.econbiz.de/10004980810

Recreational Benefits from Improved Water Quality: A Random Utility Model of Swedish Seaside Recreation

Sandström, Mikael - Economics Institute for Research (SIR), … - 1996

In this paper, a random utility maximization (RUM) model of Swedish seaside recreation is used to estimate the benefits …

Persistent link: https://www.econbiz.de/10005649237

Designing Optimal Taxes with a Microeconometric Model of Household Labour Supply

Aaberge, Rolf; Colombino, Ugo - International Centre for Economic Research (ICER) - 2006

The purpose of this paper is to present an exercise where we identify optimal income tax rules under the constraint of fixed tax revenue. To this end, we estimate a microeconomic model with 78 parameters that capture heterogeneity in consumption-leisure preferences for singles and couples as...

Persistent link: https://www.econbiz.de/10004972523

A Discussion of “Using Angler Characteristics and Attitudinal Data to Identify Environmental Preference Classes: A Latent-Class Model”

Provencher, Bill; Moore, Rebecca - In: Environmental & Resource Economics 34 (2006) 1, pp. 117-124

context of a discrete choice, random utility framework with heterogeneous preferences. We derive the respective likelihood …

Persistent link: https://www.econbiz.de/10005681017

Designing Optimal Taxes with a Microeconometric Model of Household Labour Supply

Aaberge, Rolf; Colombino, Ugo - Institute for the Study of Labor (IZA) - 2006

Persistent link: https://www.econbiz.de/10005822599

Modeling Multiple-Objective Recreation Trips with Choices Over Trip Duration and Alternative Sites

Yeh, Chia-Yu; Haab, Timothy; Sohngen, Brent - In: Environmental & Resource Economics 34 (2006) 2, pp. 189-209

travel costs into random utility models can lead to biased estimates of the structural utility parameters and, consequently … empirical evidence that many recreational trips involve overnight stays and multiple purposes. This paper develops a random … utility model that explores how visitors choose alternative sites and trip durations for multiple-objective trips. We focus on …

Persistent link: https://www.econbiz.de/10005722043