This article compares alternative methods of variable selection using data from a real estate assessment project. Various stepwise methods are compared with the "all possible regression" solution and a variable set selected on "a priori" considerations. The methods are evaluated by the...

This paper provides a framework for analysis of product choice by a multiproduct firm selling several products whose demands are interrelated. The decision making process of a racetrack-racebook regarding the parimutuel wagering products (both number and which ones) it should supply is...

Parimutuel horse-race wagering is in many respects like any other economic good but it differs in one important way from a vast majority of them. Given the present market arrangement, this good cannot be transported to the consumer; instead the consumer must travel to the production site where...