This paper introduces a heterogeneous agent discrete choice probit demand model with a structural interpretation of product choice covariance designed to overcome two hurdles in discrete choice demand modeling. One hurdle is the curse of dimensionality implicit in covariance probit demand models...

Store brands are thought to improve a retailer's position relative to leading brand manufacturers and to reduce retail prices. Steiner (2004) oers a characterization of typical industry structures by considering the relationship between interbrand and intrabrand elasticities. We estimate a model...

Building Cities reviews the experiences of the Latin American and Caribbean region in the design and implementation of neighbourhood upgrading programmes. The volume has a particular focus on the lessons learned by specialists of the Inter-American Development Bank and their technical and...

Describes how educational media company Sesame Workshop has applied research to the development and evaluation of children’s TV programming; Sesame Workshop was the creator in 1969 of the “Sesame Street” TV series, which intentionally blended entertainment and education, and it has now...

Argentina is currently enjoying a season of hope. Incomes are growing again after a devastating recession. Its policies may provide an alternative to the prevailing ones of the Washington Consensus. As the author notes, the new establishment view--the so-called post- Washington Consensus--is not...

The focus of this research project was to develop a new simulation framework for analyzing traffic networks with Advanced Traveler Information Systems (ATIS) and/or Advanced Traffic Management Systems ( ATMS). The report describes the development of DYNASMART (DYnamic Network...

International narratives on Argentina’s recovery from the crisis of 2001-02 tend to emphasize the role of rising commodity prices and growing demand from China. Argentina is said to have been ‘lucky’, saved by global demand for its agricultural exports. The international narrative has also...

We exploit scanner data to track payment choice for grocery purchases for a large panel of households over three years. We show that households focus most of their expenditures on one or at most two of these instruments in choosing between using cash, a check, or a card, and they very rarely...