Purpose – The ongoing availability of existing industrial systems/machines depends to a great extent on the form and level of product support. Product support, or the after sale service of a product, is important because it assures the expected function of the product in its operational phase....

Recent research shows that the inclusion of choice related demo- and sociographics in discrete choice models aids in modeling the choice behavior of consumers substantially. However, the increase in efficiency gained by accounting for covariates in the design of a choice experiment has thus far...

An IV approach, using as instruments nonlinear transformations of the lagged levels, is explored to test for unit roots in panels with general dependency and heterogeneity across cross-sectional units. We allow not only for the cross-sectional dependencies of innovations, but also for the...