Showing 1 - 10 of 6,522
In a sample selection or treatment effects model, common unobservables may affect both the outcome and the probability of selection in unknown ways. This paper shows that the distribution function of potential outcomes, conditional on covariates, can be identified given an observed variable V...
Persistent link: https://www.econbiz.de/10005027836
This article proposes a semiparametric two-step procedure for estimating a censored consumer demand system with micro data. The semiparametric estimator considered in the first step is suggested by Klein and Spady (1993). This estimator, used as a counterpart of the probit estimator in a...
Persistent link: https://www.econbiz.de/10009444987
. A model of food demand is estimated using Bayesian methods that accounts for censoring and infrequency of purchase (the …
Persistent link: https://www.econbiz.de/10009445849
In this study, meat consumption and socio-demographic data from the 1990, 1993 and 1996 SUSENAS Household Food Expenditure and Consumption Surveys were employed to estimate the demand for meats in Indonesia. The provinces of DKI Jakarta and West Java were chosen as the areas of study because of...
Persistent link: https://www.econbiz.de/10010913194
. A model of food demand is estimated using Bayesian methods that accounts for censoring and infrequency of purchase (the …
Persistent link: https://www.econbiz.de/10009368325
This article proposes a semiparametric two-step procedure for estimating a censored consumer demand system with micro data. The semiparametric estimator considered in the first step is suggested by Klein and Spady (1993). This estimator, used as a counterpart of the probit estimator in a...
Persistent link: https://www.econbiz.de/10005038960
We use a two-stage, sample selection model to investigate organic milk purchases using Neilsen’s Homescan data. In the first stage, households decide on a weekly basis to buy mainly organic milk or non-organic milk. Results from this stage show that higher income, better education, having...
Persistent link: https://www.econbiz.de/10009444691
We use a two-stage, sample selection model to investigate organic milk purchases using Neilsen’s Homescan data. In the first stage, households decide on a weekly basis to buy mainly organic milk or non-organic milk. Results from this stage show that higher income, better education, having...
Persistent link: https://www.econbiz.de/10005000506
We address the problem of determining optimal ordering and pricing policies in a finite-horizon newsvendor model with unobservable lost sales. The demand distribution is price-dependent and involves unknown parameters. We consider both the cases of perishable and non-perishable inventory. A very...
Persistent link: https://www.econbiz.de/10009430690
scoring rule to a censored distribution, acknowledging that censoring emerges as a natural localization device due to its …, inflation and climate data consistently emphasize the superior power properties of censoring. …
Persistent link: https://www.econbiz.de/10014469783