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This paper develops nonparametric methods for welfare‐analysis of economic changes in the common setting of multinomial choice. The results cover (a) simultaneous price‐change of multiple alternatives, (b) introduction/elimination of an option, (c) changes in choice‐characteristics, and...
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In this paper we estimate labour supply using a discrete choice approach for single men, single women and single parents and a joint labour supply equation for couples in New Zealand. The data are based on pooled cross-sectional data from the Household Economic Survey over 2006/07 to 2010/11. We...
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This paper studies the introduction of new products (increase in product variety) in the automobile industry. The focus is on the two sources of market power that may allow the firms to get higher profits (and, thus, recoup investments): new products and brand-name reputation. The effects of new...
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