Showing 1 - 10 of 11
This paper studies identification of latent utility functions in multiple discrete choice models in which there may be endogenous explanatory variables, that is explanatory variables that are not restricted to be distributed independently of the unobserved determinants of latent utilities. The...
Persistent link: https://www.econbiz.de/10008842214
This paper studies identification of latent utility functions in multiple discrete choice models in which there may be endogenous explanatory variables, that is explanatory variables that are not restricted to be distributed independently of the unobserved determinants of latent utilities. The...
Persistent link: https://www.econbiz.de/10009419324
Persistent link: https://www.econbiz.de/10010126207
In this paper we analyze a discrete choice model for partially ordered alternatives. The alternatives are differentiated along two dimensions, the first an unordered "horizontal" dimension, and the second an ordered "vertical" dimension. The model can be used in circumstances in which...
Persistent link: https://www.econbiz.de/10012601126
This paper demonstrates the use of bounds analysis for empirical models of market structure that allow for multiple equilibria. From an econometric standpoint, these models feature systems of equalities and inequalities for the determination of multiple endogenous interdependent discrete choice...
Persistent link: https://www.econbiz.de/10012225881
Models of simultaneous discrete choice may be incomplete, delivering multiple values of out- comes at certain values of the latent variables and covariates, and incoherent, delivering no val- ues. Alternative approaches to accommodating incompleteness and incoherence are considered in a unifying...
Persistent link: https://www.econbiz.de/10012165372
In this paper we analyze a discrete choice model for partially ordered alternatives. The alternatives are differentiated along two dimensions, the first an unordered "horizontal" dimension, and the second an ordered "vertical" dimension. The model can be used in circumstances in which...
Persistent link: https://www.econbiz.de/10012122974
This paper studies identification in multiple discrete choice models in which there may be endogenous explanatory variables, that is, explanatory variables that are not restricted to be distributed independently of the unobserved determinants of latent utilities. The model does not employ large...
Persistent link: https://www.econbiz.de/10011757046
In this paper, we analyze a discrete choice model for partially ordered alternatives. The alternatives are differentiated along two dimensions: the first an unordered “horizontal” dimension, and the second an ordered “vertical” dimension. The model can be used in circumstances in which...
Persistent link: https://www.econbiz.de/10013382053
Single‐agent dynamic discrete choice models are typically estimated using heavily parametrized econometric frameworks, making them susceptible to model misspecification. This paper investigates how misspecification affects the results of inference in these models. Specifically, we consider a...
Persistent link: https://www.econbiz.de/10011994830