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Cherepanov, Vadim; Feddersen, Timothy J.; Sandroni, Alvaro - In: Theoretical economics : TE ; journal of the Econometric … 8 (2013) 3, pp. 775-800

Persistent link: https://www.econbiz.de/10010207655

Estimating the value of travel time to recreational sites using revealed preferences

Fezzi, Carlo; Bateman, Ian; Ferrini, Silvia - 2013

The opportunity Value of Travel Time (VTT) is one of the most important parts of the total cost of recreation day-trips and arguably the most difficult to estimate. Most studies build upon the theoretical framework proposed by Becker's (1965) by using a combination of revealed and stated...

Persistent link: https://www.econbiz.de/10010189484

Revealed preferences and spatial segregation

Busson, Henri - 2015

utility functions, this model applies the revealed preference theory. In his original paper, Turnbull established several … simple because we demonstrated that the GARP axiom used in the revealed preference theory is equivalent to a simple equation …

Persistent link: https://www.econbiz.de/10011478826

Sharing rule identification for general collective consumption models

Cherchye, Laurens; Rock, Bram de; Lewbel, Arthur; … - In: Econometrica : journal of the Econometric Society, an … 83 (2015) 5, pp. 2001-2041

Persistent link: https://www.econbiz.de/10011417089

Approximate expected utility rationalization

Echenique, Federico; Imai, Taisuke; Saito, Kota - 2018

deviation (in beliefs, utility, or perceived prices) is within e of expected utility theory. The number e can then be used as a … distance to the theory. We apply our methodology to three recent large-scale experiments. Many subjects in those experiments …

Persistent link: https://www.econbiz.de/10011931433