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In models with unobserved taste heterogeneity, distributional assumptions can be placed in two ways: (1) by specifying the distribution of coefficients in the utility function and deriving the distribution of willingness to pay (wtp), or (2) by specifying the distribution of wtp and deriving the...
Persistent link: https://www.econbiz.de/10009442000
We propose estimators of previous termfeatures of the distributionnext term of an unobserved random variable W. What is observed is previous termanext term sample of Y,V,X where previous termanext term binary Y equals one when W exceeds previous termanext term threshold V determined by...
Persistent link: https://www.econbiz.de/10009439887
This report provides an evaluation of the architecture, empirical foundation, and applications of the Oak Ridge National Laboratory (ORNL) residential energy use model. A particular effort is made to identify the strengths and shortcomings of the model for alternative uses, and to identify areas...
Persistent link: https://www.econbiz.de/10009432082