Bottazzi, Giulio; Gragnolati, Ugo; Vanni, Fabio - Laboratory of Economics and Management (LEM), Scuola … - 2014
A stochastic discrete choice model and its related estimation method are presented which allow to disentangle non-linear externalities from the intrinsic features of the objects of choice and from the idiosyncratic preferences of agents. Having veried for the ergodicity of the underlying...