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We formulate a family of direct utility functions for the consumption of a differentiated good. This is used to generate a family of demand systems with flexible substitution patterns. Demand models for market shares can be estimated by regression enabling the use of instrumental variables....
Persistent link: https://www.econbiz.de/10011168470
This article examines the effect of social networks by investigating how mobilizing family, friendship or kindship ties in job searches affects the quality of employment (QoE) using a mixed approach. Drawing from socioeconomic literature on the segmented labor market, the authors propose an...
Persistent link: https://www.econbiz.de/10012934201
than the average of Colombia. Moreover, we found periods of economic boom between 1800 and 1840, 1860 and 1880, and 1905 …
Persistent link: https://www.econbiz.de/10014167721
issues is an ‘experimentally-adapted’ CV survey which involves laboratory experiment conducted among Ghanaian University … students. Notwithstanding the limitations arising from the sample used in our experiment (most notably University students do …
Persistent link: https://www.econbiz.de/10005059094
This paper examines how different ethical positions view various types of animal advocacy campaigns concerning a product produced using animals. The ethical positions represent common company, social, and animal advocate viewpoints. Working in a market model with a monopolistic supplier, we...
Persistent link: https://www.econbiz.de/10011110176
With Malaysian government plan to increase production of beef and open the beef market to more abattoirs from other … countries, domestic beef market has become more challenging. The domestic beef market is postulated to be available in a variety … study is to analyze consumer evaluation of quality and quantity on demand for beef in Malaysia. A demand model incorporated …
Persistent link: https://www.econbiz.de/10005105708
The purpose of this paper is to present a new approach to model capacity constraints in discrete choice with at least some capacity-related variables missing, like e.g. the price of a commodity. Airport choice models often do not contain air fares because of measurement difficulties as air fares...
Persistent link: https://www.econbiz.de/10011110049
This paper considers the path choice problem, formulating and discussing an econometric random utility model for the choice of path in a network with no restriction on the choice set. Starting from a dynamic specification of link choices we show that it is equivalent to a static model of the...
Persistent link: https://www.econbiz.de/10011111084
This paper estimates the demand for flights in an international air travel market using a unique dataset with detailed information not only on flight choices but also on contemporaneous prices and characteristics of all the alternative non-booked flights. The estimation strategy employs a simple...
Persistent link: https://www.econbiz.de/10011111094
We develop a model of household demand for frequently purchased consumer goods that are branded, storable and subject to stochastic price fluctuations. Our framework accounts for how inventories and expectations of future prices affect current period purchase decisions. We estimate our model...
Persistent link: https://www.econbiz.de/10011257829