Share
Incorporating Observed Choice Into the Construction of Welfare Measures from Random Utility Models (in English)
U. S. Bureau of Labor Statistics
(Author)
·
Roger H. Von Haefen
(Author)
·
Bibliogov
· Paperback
Incorporating Observed Choice Into the Construction of Welfare Measures from Random Utility Models (in English) - Von Haefen, Roger H. ; U. S. Bureau of Labor Statistics
$ 12.60
$ 15.75
You save: $ 3.15
Choose the list to add your product or create one New List
✓ Product added successfully to the Wishlist.
Go to My WishlistsIt will be shipped from our warehouse between
Monday, July 08 and
Tuesday, July 09.
You will receive it anywhere in United States between 1 and 3 business days after shipment.
Synopsis "Incorporating Observed Choice Into the Construction of Welfare Measures from Random Utility Models (in English)"
This paper develops an approach to welfare measurement from random utility models that incorporates the implications of an individual's observed choice. The economic and statistical properties of the proposed approach are discussed, and its empirical implications are illustrated with an application to outdoor recreation demand. Welfare estimates for two policy scenarios and four alternative repeated discrete choice specifications - a conditional logit, a quasi-nested logit, a random marginal utility of income logit, and a full random coefficients logit - are constructed for a subsample of the 1994 National Survey of Recreation and the Environment.
- 0% (0)
- 0% (0)
- 0% (0)
- 0% (0)
- 0% (0)
All books in our catalog are Original.
The book is written in English.
The binding of this edition is Paperback.
✓ Producto agregado correctamente al carro, Ir a Pagar.
