Poirier, Julie - Centre de Recherche en Économie et Statistique … - 2012
model estimation. As a result, the cross-nested logit model allows taking into consideration the peculiarity of protest … the existence of the two types of zero bids when estimating willingness-to-pay, we then proposed a cross-nested logit … model. Implicit prices obtained from this model estimation are larger than those obtained from the random parameters logit …