Showing 1 - 10 of 191
In this paper, we investigate whether educational inequalities stem rather from differences between families or within families. In a poor economy, schooling is costly for parents and education is likely to be unequally distributed among siblings. Drawing on discrete ordered choice models, we...
Persistent link: https://www.econbiz.de/10005328263
Persistent link: https://www.econbiz.de/10003983252
This paper reports results of an experiment designed to analyze the link between riskydecisions made by couples and risky decisions made separately by each spouse. We estimateboth the spouses and the couples’ degrees of risk aversion and we assess how the risk preferencesof the two spouses...
Persistent link: https://www.econbiz.de/10005866693
We study the impact of information on risk adverse drivers who maximize their von Neumann and Morgerstern expected utility (rather than minimizing expected travel time). The preferences of the users are described by their utility functions. Beside the (potentially inconsistent) mean variance...
Persistent link: https://www.econbiz.de/10011324631
There is a new growing interest in the development and in the use of integrated land use and transport planning models in France. In this paper, we describe the steps of a current project which aims to integrate UrbanSim, a flexible land use model, and METROPOLIS, a dynamic traffic model, and to...
Persistent link: https://www.econbiz.de/10011324647
In the context of the SustainCity project (www.sustaincity.eu), three European cities (Brussels, Paris and Zurich) will be modelled using the land use microsimulation platform UrbanSim. This platform relies on various models interacting with each other, to predict long-term urban development....
Persistent link: https://www.econbiz.de/10011336338
We develop an epidemic model to explain and predict the dynamics of the SARS-CoV-2 virus and to assess the economic costs of lockdown scenarios. The standard epidemic three-variable model, SIR (Susceptible, Infected and Removed) is extended into a five-variable model SCARE: Susceptible, Carrier,...
Persistent link: https://www.econbiz.de/10012314860
Discrete choice models are based on the idea that each user can choose both freely and independently from other users in a given set of alternatives. But this is not the case in several situations. In particular, limitations and interactions can occur when the number of available products of one...
Persistent link: https://www.econbiz.de/10005523766
This paper examines the cross-fertilizations of random utility models with the study of decision making under risk and uncertainty. We start with a description of the Expected Utility (EU) theory and then consider deviations from the standard EU frameworks, involving the Allais paradox and the...
Persistent link: https://www.econbiz.de/10005523801
We study the impact of information on risk adverse drivers who maximize their von Neumann and Morgerstern expected utility (rather than minimizing expected travel time). The preferences of the users are described by their utility functions. Beside the (potentially inconsistent) mean variance...
Persistent link: https://www.econbiz.de/10005747654