Showing 1 - 10 of 196
In order to control for censoring and the integer nature of trip demand, the use of count data models in travel cost analysis is attractive. Two such models, the Poisson and negative binomial, are discussed. Robust estimation techniques that loosen potentially stringent distributional...
Persistent link: https://www.econbiz.de/10012998309
The paper develops a theoretical foundation for using count data models in travel cost analysis. Two micro models are developed: a restricted choice model and a repeated discrete choice model. We show that both models lead to identical welfare measures
Persistent link: https://www.econbiz.de/10012998571
The Dichotomous Choice Contingent Valuation Method can be used either in the single or double bound formulation. The former is easier to implement, while the latter is known to be more efficient. We analyse the bias of the ML estimates produced by either model, and the gain in efficiency...
Persistent link: https://www.econbiz.de/10014196433
A statistical problem that arises in several fields is that of estimating the features of an unknown distribution, which may be conditioned on covariates, using a sample of binomial observations on whether draws from this distribution exceed threshold levels set by experimental design....
Persistent link: https://www.econbiz.de/10012770897
This paper extends the truncated and endogenously stratified Poisson and negative binomial models to three alternative discrete distributions, namely the generalized Poisson, geometric, and Borel distributions. Our primary intention here is to demonstrate how improper treatment of the data...
Persistent link: https://www.econbiz.de/10003209592
Independent experts and politicians have criticized statistical analyses of recreation behavior that rely upon onsite samples due to their potential for biased inference, prompting some to suggest support for these efforts should be curtailed. The use of onsite sampling usually reflects data or...
Persistent link: https://www.econbiz.de/10013125990
Due to the weak behavioral foundations of aggregate demand models, zonal travel cost models have been largely abandoned in favor of models based on individual observations. However, sample selection difficulties in individual-observation models often require the use of distribution-sensitive...
Persistent link: https://www.econbiz.de/10012998583
This paper proposes a semiparametric willingness to pay distribution and discusses several aspects of statistical inference with dichotomous choice contingent valuation data. We study likelihood-based estimation of the model parameters with and without controlling for unobserved heterogeneity,...
Persistent link: https://www.econbiz.de/10014151372
This paper develops a simulation estimation algorithm that is particularly useful for estimating dynamic panel data models with unobserved endogenous state variables. The new approach can easily deal with the commonly encountered and widely discussed "initial conditions problem," as well as the...
Persistent link: https://www.econbiz.de/10003824296
Dynamic discrete choice models usually require a general specification of unobserved heterogeneity. In this paper, we apply Bayesian procedures as a numerical tool for the estimation of a female labor supply model based on a sample size which is typical for common household panels. We provide...
Persistent link: https://www.econbiz.de/10009579233