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Identifying the set of available alternatives in a choice process after considering an individual’s bounds or thresholds is a complex process that, in practice, is commonly simplified by assuming exogenous rules in the choice set formation. The Constrained Multinomial Logit (CMNL) model...
Persistent link: https://www.econbiz.de/10010989480
A characterization of endogeneity in the binomial regression model is given. The relationship to a model subject to selection is indicated. Maximum likelihood and nonlinear instrumental variable estimators are obtained and evaluated in a Monte Carlo study. A new LM test and a Hausman test...
Persistent link: https://www.econbiz.de/10005771225
This study operationalizes the conceptual analysis presented in a companion paper, to examine the effects of objective and subjective variables on the consideration of 16 travel-related strategies reflecting a range of individuals’ potential reactions to congestion. Using 1283 commuting...
Persistent link: https://www.econbiz.de/10011130882
It has been shown that participants in the dictator game are less willing to give money to the other participant when their choice set also includes the option to take money. We examine whether this effect is due to the choice set providing a signal about entitlements in a setting where...
Persistent link: https://www.econbiz.de/10011041625
Previous papers in this series have presented a conceptual model of the individual decision to telecommute and explored relationships among constraints, preference, and choice. A related paper has developed a binary model of the preference for home-based telecommuting. Noting that there is a...
Persistent link: https://www.econbiz.de/10005556776
During the last two decades, the discrete-choice modelling of labour supply decisions has become increasingly popular, starting with Aaberge et al. (1995) and van Soest (1995). Within the literature adopting this approach there are however two potentially important issues that are worthwhile...
Persistent link: https://www.econbiz.de/10005119077
benefit-cost to stakeholders. A postal questionnaire was distributed to 100 client and contractor organizations in Australia … benefit-cost was derived for each of the categories. This was found to be superior to all the non-linear alternatives examined …
Persistent link: https://www.econbiz.de/10009437454
details about the likelihood of benefit with treatment and/or the likelihood of risk, in order that a decision may be made …
Persistent link: https://www.econbiz.de/10009448707
ABSTRACTTitle of Document: A BENEFIT-COST ANALYSIS OF THE STUDENT SUPPORT SERVICES PROGRAMEd M. Pacchetti, Doctor of … generation students who have not participated in the SSS program. Applying a methodology used in other benefit-cost analyses of … exceed the costs of these projects. This study focuses on benefits and costs to society. The benefit measures utilized in …
Persistent link: https://www.econbiz.de/10009450963
benefit. …
Persistent link: https://www.econbiz.de/10009457482