Well known parametric estimators for multinomial choice (multinomial logit, nested logit, multinomial probit, mixed logit) have the disadvantage of dealing with nuisance parameters in the error term distribution: multinomial logit assumes them away, nested logit imposes priori restrictions on...

The question of which household members should consume medical services, and in what quantities, is examined by using Japanese household-level data. Two key concepts are employed, health risk and income risk, and whether family heads or dependants bear these risks investigated. Health risk is...