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Does China’s quest for oil raise tensions with the United States? This paper examines the effect of international … is more than a wartime phenomenon. A similar oil import pattern is observed in China, in which case only a few national … oil companies control the oil sector. While the incentives to diversify are stronger for both the United States and China …
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We investigate the sensitivity of consumer surplus estimates to parametric assumptions on individual preference heterogeneity in a discrete choice framework. We compare results from a parametric random coefficients logit model and a recently proposed nonparametric sieve estimator. In particular,...
Persistent link: https://www.econbiz.de/10008702154
We investigate the sensitivity of consumer surplus estimates to parametric assumptions on individual preference heterogeneity in a discrete choice framework. We compare results from a parametric random coefficients logit model and a recently proposed nonparametric sieve estimator. In particular,...
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