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 … empirical application, the method used to identify
discontinuous preferences and details the multinomial error component logit …