This paper extends revealed preference to include both producer and consumer behavior. Observed consumer purchases generate an implicit ordinal utility index using an iterative revealed preference procedure specifically developed in this paper. Observed producer input purchases generate a...

We propose a new estimation technique to deal with missing response variables in the context of a nested multinomial logit model. Survey data often have a significant number of incomplete or missing responses. If such data are systematically missing (i.e., not missing at random) and if such...