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The paper compares different estimation strategies of ordered response models in the presence of non-random unobserved heterogeneity. By running Monte Carlo simulations with a range of randomly generated panel data of differing cross-sectional and longitudinal dimension sizes, we assess the...
Persistent link: https://www.econbiz.de/10009711915
The paper compares different estimation strategies of ordered response models in the presence of non-random unobserved heterogeneity. By running Monte Carlo simulations with a range of randomly generated panel data of differing crosssectional and longitudinal dimension sizes we assess the...
Persistent link: https://www.econbiz.de/10008779276
The paper compares different estimation strategies of ordered response models in the presence of non-random unobserved heterogeneity. By running Monte Carlo simulations with a range of randomly generated panel data of differing cross-sectional and longitudinal dimension sizes we assess the...
Persistent link: https://www.econbiz.de/10014188205
The focus of this paper is on the microeconometric analysis of spatial choice in a cross section. Nested multinomial logit models are used to analyze the determi-nants of individual choice among destinations and vacation activities. Cramer and Ridder's likelihood ratio test for pooled...
Persistent link: https://www.econbiz.de/10010403834
This paper analyses the demand for private health care by Spanish households using a micro budget survey. The …
Persistent link: https://www.econbiz.de/10014068811
The paper compares different estimation strategies of ordered response models in the presence of non-random unobserved heterogeneity. By running Monte Carlo simulations with a range of randomly generated panel data of differing cross-sectional and longitudinal dimension sizes, we assess the...
Persistent link: https://www.econbiz.de/10010311684
Persistent link: https://www.econbiz.de/10001400301
Persistent link: https://www.econbiz.de/10001400353
, where the reference price is an exponentially weighted average of historical prices. In each period, the demand follows the …, highlights the significance of accounting for cross-product effects through the MNL demand …
Persistent link: https://www.econbiz.de/10014030188
of reference price on consumer demand, known as the reference effect, can be potentially asymmetric, which incurs the non …
Persistent link: https://www.econbiz.de/10014345216