Sanko, Nobuhiro; Hess, Stephane; Dumont, Jeffrey; Daly, … - In: Journal of choice modelling 12 (2014) C, pp. 47-57
Income is a key variable in many choice models. It is also one of the most salient examples of a variable affected by data problems. Issues with income arise as measurement errors in categorically captured income, correlation between stated income and unobserved variables, systematic over- or...