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Evidence suggests the calibration of hypothetical and actual behavior is good-specific. We examine whether clustering … commodities into mutual categories can reduce the burden. While we reject a common calibration across sets of commodities, a sport …-specific calibration function cannot be rejected. …
Persistent link: https://www.econbiz.de/10005785117
holds significant promise since an appropriate calibration scheme, ex ante or ex post, can be invaluable to the policy maker …
Persistent link: https://www.econbiz.de/10005685489