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Recently there has been a growing debate as to whether the empirical properties ofproduction response derived from the multi-product framework are consistent with thebehavioral assumption in the duality theory of production. This issue could in turn affectthe reliable estimates of elasticities...
Persistent link: https://www.econbiz.de/10009446059
It has been suggested that the nature of the task within a multi-attribute multi-alternative choice experiment may be sufficiently complex to make it difficult for individuals to develop response strategies to strategically bias their answers. This experiment tested that hypothesis by setting...
Persistent link: https://www.econbiz.de/10009442737
Vietnam has negotiated a series of bilateral and multilateral trade agreements and has madesignificant steps in integrating into the world economy. This integration is likely to have bothpositive and negative effects on different stakeholders in the economy. This paper seeks tomeasure the...
Persistent link: https://www.econbiz.de/10009443303
The introduction of measurement bias in parameter estimates into non-linear discrete choice models,as a result of using factor analysis, was identified by Train et al. (1987). They found that the inclusionof factor scores, used to represent relationships amongst like variables, into a subsequent...
Persistent link: https://www.econbiz.de/10009444601
Conventional empirical demand systems normally take prices to be exogenous, and determine the quantities demanded. Although this is logical for the individual consumer, at the market level the aggregate quantity traded may be exogenously determined, while the price vector changes to ensure...
Persistent link: https://www.econbiz.de/10009444647