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The Making of the Modern Metropolis : Evidence from London
Heblich, Stephan - 2018
Modern metropolitan areas involve large concentrations of economic activity and the transport of millions of people each day between their residence and workplace. We use the revolution in transport technology from the invention of steam railways, newly-constructed spatially-disaggregated data...
Persistent link: https://www.econbiz.de/10012480700
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Demand Analysis using Strategic Reports : An application to a school choice mechanism
Agarwal, Nikhil - 2014
Several school districts use assignment systems that give students an incentive to misrepresent their preferences. We find evidence consistent with strategic behavior in Cambridge. Such strategizing can complicate preference analysis. This paper develops empirical methods for studying random...
Persistent link: https://www.econbiz.de/10012457891
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Skill Premium and Trade Puzzles : a Solution Linking Production and Preferences
Caron, Justin - 2012
investigation into the relationship between a good's factor intensity in production and its income elasticity of demand in … and income elasticity of demand for several types of preferences, with and without accounting for trade costs and …
Persistent link: https://www.econbiz.de/10012460528
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Neural Activity Reveals Preferences Without Choices
Smith, Alec - 2013
We investigate the feasibility of inferring the choices people would make (if given the opportunity) based on their neural responses to the pertinent prospects when they are not engaged in actual decision making. The ability to make such inferences is of potential value when choice data are...
Persistent link: https://www.econbiz.de/10012459390
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Fatal Errors : The Mortality Value of Accurate Weather Forecasts
Shrader, Jeffrey; Bakkensen, Laura; Lemoine, Derek - National Bureau of Economic Research - 2023
We provide the first revealed preference estimates of the benefits of routine weather forecasts. The benefits come from how people use advance information to reduce mortality from heat and cold. Theoretically, more accurate forecasts reduce mortality if and only if mortality risk is convex in...
Persistent link: https://www.econbiz.de/10014322749
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Predicting Insurance Demand from Risk Attitudes
Jaspersen, Johannes G. - 2019
Can measured risk attitudes and associated structural models predict insurance demand? In an experiment (n = 1,730), we …
Persistent link: https://www.econbiz.de/10012480452
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How Well Do Structural Demand Models Work? Counterfactual Predictions in School Choice
Pathak, Parag A. - 2017
Discrete choice demand models are widely used for counterfactual policy simulations, yet their out … choice models of school demand. In 2013, Boston Public Schools considered several new choice plans that differ in where …, suggesting that the choice models are indeed "structural." Our findings show that structural demand models can effectively …
Persistent link: https://www.econbiz.de/10012453696
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The Subprime Crisis and House Price Appreciation
Goetzmann, William N. - 2009
substantiates both supply and demand effects of past price trends in housing markets, particularly with respect to subprime mortgage …-loan collateral values may have affected both the demand and the supply of mortgages. Standard time series models using repeat …
Persistent link: https://www.econbiz.de/10012463316
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Demand Modeling, Forecasting, and Counterfactuals, Part I
Pathak, Parag A. - 2014
discrete choice models of demand compared to simpler alternatives. In 2013, Boston Public Schools (BPS) proposed alternative …. Pathak and Shi (2013) estimated discrete choice models of demand using families' historical choices and these demand models … of discrete choice models of demand in our context …
Persistent link: https://www.econbiz.de/10012458802
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The Impact of Fake Reviews on Demand and Welfare
Akesson, Jesper; Hahn, Robert William; Metcalfe, Robert D. - National Bureau of Economic Research - 2023
effects of fake reviews on individual demand and welfare. We conduct an incentive-compatible online experiment with a …
Persistent link: https://www.econbiz.de/10014436967