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Full paper available at "https://ssrn.com/abstract=3141041" https://ssrn.com/abstract=3141041We first present simulations investigating some properties of the Inverse Product Differentiation Logit (IPDL) model. Next, we provide a range of general methods for building Generalized Logit (GL)...
Persistent link: https://www.econbiz.de/10012848619
Transportation networks, such as railways, roads and highways provide standard examples of natural monopolies. Since the introduction of the term “natural monopoly” by T. Malthus in 1815, this concept has been defined in different ways by several authors (F. Bastiat, J. S. Mill or L....
Persistent link: https://www.econbiz.de/10013312907
This paper reports results of an experiment designed to analyze the link between riskydecisions made by couples and risky decisions made separately by each spouse. We estimateboth the spouses and the couples’ degrees of risk aversion and we assess how the risk preferencesof the two spouses...
Persistent link: https://www.econbiz.de/10005866693
This paper reports results of an experiment designed to analyze the link between risky decisions made by couples, and risky decisions made separately by each spouse. We estimate both the individuals and the couples’ degrees of risk aversion, and we analyze how the risk preferences of the two...
Persistent link: https://www.econbiz.de/10005328253
This paper reports results of an experiment designed to analyze the link between risky decisions made by couples and risky decisions made separately by each spouse. We estimate both the spouses and the couples' degrees of risk aversion, we assess how the risk preferences of the two spouses...
Persistent link: https://www.econbiz.de/10008794289
Persistent link: https://www.econbiz.de/10008903796
Persistent link: https://www.econbiz.de/10003405409
Persistent link: https://www.econbiz.de/10012125114
Persistent link: https://www.econbiz.de/10011865857
This paper provides shape restrictions for the structural estimation of demand functions derived from a surplus-based model describing the behavior of a population of consumers. I first derive the restrictions that this model imposes on the implied demand function and its inverse. Then, I show...
Persistent link: https://www.econbiz.de/10012847122