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Using newly-constructed spatially-disaggregated data for London from 1801-1921, we show that the invention of the steam railway led to the first large-scale separation of workplace and residence. We show that a class of quantitative urban models is remarkably successful in explaining this...
Persistent link: https://www.econbiz.de/10012911089
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/10013039757
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/10013105464
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/10013078307
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/10012943607
-loan collateral values may have affected both the demand and the supply of mortgages. Standard time series models using repeat … the loan level substantiates both supply and demand effects of past price trends in housing markets, particularly with …
Persistent link: https://www.econbiz.de/10013156426
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/10013059907
Can measured risk attitudes and associated structural models predict insurance demand? In an experiment (n = 1,730), we …
Persistent link: https://www.econbiz.de/10013312498
This paper presents estimates of the customer-level demand for electricity by industrial and commercial customers … customers also face the possibility of a demand charge on their electricity consumption during the three half-hour periods that … fraction of the energy charge and the identity of the half-hour periods when demand charges occur are only known with certainty …
Persistent link: https://www.econbiz.de/10014133542
We study the liquidity demand of large settlement banks in the UK and its effect on the Sterling Money Markets before … amount of payment activity and more so for weaker banks. We establish that the liquidity demand by settlement banks caused …
Persistent link: https://www.econbiz.de/10013137765