Showing 1 - 5 of 5
Persistent link: https://www.econbiz.de/10010518817
Persistent link: https://www.econbiz.de/10011564385
Persistent link: https://www.econbiz.de/10011316559
Neoclassical and psychological models of consumer behavior often make divergent predictions for the welfare effects of paternalistic policies, leaving wide scope for researchers' choice of a model to influence their policy conclusions. We develop a framework to reduce this model uncertainty and...
Persistent link: https://www.econbiz.de/10012457281
We propose new methods to model behavior and conduct welfare analysis in complex environments where some choices are unlikely to reveal preferences. We develop a mixture-of-experts model that incorporates heterogeneity in consumers' preferences and in their choice processes. We also develop a...
Persistent link: https://www.econbiz.de/10012479603