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mixed logit 1 random parameter distributions 1 willingness to pay distributions 1
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The Signs of the Times: Imposing a Globally Signed Condition on Willingness to Pay Distributions
Hensher, David - In: Transportation 33 (2006) 3, pp. 205-222
A feature of recent developments in choice models that enable estimation of the distribution of willingness to pay (WTP) is that the sign of the distribution can change over the range. Behaviourally this often makes little sense for attributes such as travel time on non-discretionary travel,...
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