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A framework for industrial systems modeling and simulation
Macfarlane, J.; Nachnani, S.; Tsai, L.H.; Kaae, P.; … - 2009
To successfully compete in a global market, manufacturing production systems are being forced to reduce time to market and to provide improved responsiveness to changes in market conditions. The organizations that comprise the business links in the production system must constantly make...
Persistent link: https://www.econbiz.de/10009435619
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ANALIZING WATER FRAMEWORK DIRECTIVE IMPACTS USING A MULTINOMIAL LOGIT LAND USE MODEL
Fezzi, Carlo; Bateman, Ian J.; Day, Brett H.; Posen, … - 2008
We develop a two-stage, multinomial logit model of UK land use to investigate the impact of policychanges upon agriculture. The model utilizes a large panel database covering the entirety of Englandand Wales for 14 years between 1969 and 2004 integrated with the economic and physicalenvironment...
Persistent link: https://www.econbiz.de/10009443207
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Discrete and Continuous Representations of Unobserved Heterogeneity in Choice Modeling
Wedel, Michel; Kamakura, Wagner A.; Arora, Neeraj; … - 1999
We attempt to provide insights into how heterogeneity has been and can be addressed in choice modeling. In doing so, we deal with three topics: Models of heterogeneity, Methods of estimation and Substantive issues. In describing models we focus on discrete versus continuous representations of...
Persistent link: https://www.econbiz.de/10009477259
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Equilibria in a Hotelling Model: First-Mover Advantage?
Rajan, Uday - 2008
competition is at its most intense, leading to maximal di.erentiation. As idiosyncratic preferences become more important, price … competition is mitigated, leading to both .rms locating at the market center. In the sequential game, we .nd that when product … competition and the leader experiences a .rst-mover advantage. However, if idiosyncratic preferences are also strong, price …
Persistent link: https://www.econbiz.de/10009477560
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The Economic Determinants of the On-farm Management of Rice Cultivars in the Rhone River Delta (France)
Jaeck, Melanie; Lifran, Robert - 2011
The aims of our paper are to identify economic determinants of theon-farm cultivars diversity and to empirically characterize the farmers'diversi…cation choices. We focus on the private decision making processinvolving the choice of rice cultivars and the corresponding allocation offarmland....
Persistent link: https://www.econbiz.de/10009446190
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Determinants of coordination and supply chain performance : The case of fresh milk supply chains in Kenya
Eliud Abucheli Birachi - 2006
industry especially with regard to reduction of key transaction costs, among them road transport infrastructure, farmer …
Persistent link: https://www.econbiz.de/10009429032
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Farm Operator Benefits from Direct Marketing Strategies: How Does Local Food Impact Farm Financial Performance?
Park, Timothy A.; Mishra, Ashok K.; Wozniak, Shawn J. - 2011
In the era of a global economy, farmers face increasing pressure in developing a portfolio of various marketing channels. However, the literature on direct marketing strategies has mainly focused on consumers. Using farm-level data this study investigates factors associated with the choice of...
Persistent link: https://www.econbiz.de/10009444340
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Equilibrium Tuition, Applications, Admissions and Enrollment in the College Market
Fu, Chao - 2010
I develop and structurally estimate an equilibrium model of the college market. Students, who are heterogeneous in both abilities and preferences, make college application decisions, subject to uncertainty and application costs. Colleges observe only noisy measures of student ability and set up...
Persistent link: https://www.econbiz.de/10009439060
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Discrete Choice Models in Preference Space and Willingness-to Pay Space
Train, Kenneth; Weeks, Melvyn - 2004
In models with unobserved taste heterogeneity, distributional assumptions can be placed in two ways: (1) by specifying the distribution of coefficients in the utility function and deriving the distribution of willingness to pay (wtp), or (2) by specifying the distribution of wtp and deriving the...
Persistent link: https://www.econbiz.de/10009442000
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Discrete choice models, which one performs better?
Gallardo, Rosa Karina; Chang, Jae Bong - 2010
For over the last thirty years the multinomial logit model has been the standard in choice modeling. Development in econometrics and computational algorithms has led to the increasing tendency to opt for more flexible models able to depict more realistically choice behavior. This study compares...
Persistent link: https://www.econbiz.de/10009446136