We develop a structural microeconomic model of urban travel demand. This model incorporates aversion to congestion by individuals and determines the degree of congestion endogenously. Each individual?s optimal travel decision depends on the travel decisions of others, such that in Nash...

This paper considers the problem of identifi…cation and estimation in panel-data sample-selection models with a binary selection rule when the latent equations contain possibly predetermined variables, lags of the dependent variables, and unobserved individual effects. The selection equation...