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In models with unobserved taste heterogeneity, distributional assumptions can be placed in two ways: (1) by specifying the distribution of coefficients in the utility function and deriving the distribution of willingness to pay (wtp), or (2) by specifying the distribution of wtp and deriving the...
Persistent link: https://www.econbiz.de/10009442000
making problems. When applying data to Indonesia, the new approach has successfully identified key sectors the Indonesian … policies in Indonesia. …
Persistent link: https://www.econbiz.de/10009467410
Im Mittelpunkt der Untersuchung stehen die kulturellen Ursachen f?r die Marginalisierung des indigenen Volkes der Papua im modernen ?konomischen Bereich der indonesischen Provinz Papua. Den theoretischen Hintergrund der Arbeit bilden Schumpeters Entwicklungslogik und die darauf aufbauende...
Persistent link: https://www.econbiz.de/10009484945
Spatial and social dependence shape human activity-travel pattern decisions and their antecedent choices. Although the transportation literature has long recognized the importance of considering spatial and social dependencies in modeling individuals’ choice behavior, there has been less...
Persistent link: https://www.econbiz.de/10009429372
Non-market valuation techniques are vital instruments of policy. Providing quantitative welfare estimates validates public policy decisions. This research independently addresses three aspects of nonmarket valuation. Hedonic valuation of industrial accidents, limitations in recreational demand...
Persistent link: https://www.econbiz.de/10009431313
I develop and structurally estimate an equilibrium model of the college market. Students, who are heterogeneous in both abilities and preferences, make college application decisions, subject to uncertainty and application costs. Colleges observe only noisy measures of student ability and set up...
Persistent link: https://www.econbiz.de/10009439060