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factors, such as the psychological impact on the destination choice process, can explain heterogeneity among individuals. This … individuals for two types of grocery and clothing in Tehran, Iran. The heterogeneity in destination choice behavior is captured by …
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We extend the Berry, Levinsohn and Pakes (BLP, 1995) random coefficients discretechoice demand model, which underlies much recent empirical work in IO. We add interactive fixed effects in the form of a factor structure on the unobserved product characteristics. The interactive fixed effects can...
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We extend the Berry, Levinsohn and Pakes (BLP, 1995) random coefficients discrete choice demand model, which underlies much recent empirical work in IO. We add interactive fixed effects in the form of a factor structure on the unobserved product characteristics. The interactive fixed effects can...
Persistent link: https://www.econbiz.de/10010345243
partly the age heterogeneity in opportunities, in the second we remove age heterogeneity in preferences. A comparison of …
Persistent link: https://www.econbiz.de/10011537149
Identifying free-ridership is significant to several issues relevant to program evaluation, including the calculation of net program benefits and assessments of political acceptability. Despite the potential of free-ridership to seriously undermine the economic efficiency of a program...
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