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We propose a method to generate flexible mixture distributions that are useful for estimating models such as the mixed logit model using simulation. The method is easy to implement, yet it can approximate essentially any mixture distribution. We test it with good results in a simulation study...
Persistent link: https://www.econbiz.de/10011113364
The choice of a specific distribution for random parameters of discrete choice models is a critical issue in transportation analysis. Indeed, various pieces of research have demonstrated that an inappropriate choice of the distribution may lead to serious bias in model forecast and in the...
Persistent link: https://www.econbiz.de/10011114386
This paper investigates preferences for various environment-friendly production systems using 1949 choices from a sample of 240 respondents that chose amongst different types of carrots. The and multi-attribute stated-preference data collection was based on an experimental designed tailored to...
Persistent link: https://www.econbiz.de/10005634958
The aim of this paper is to analyse the role of unobserved heterogeneity in structural discrete choice models of labour supply for the evaluation of tax-reforms. Within this framework, unobserved heterogeneity has been estimated either parametrically or nonparametrically through random co-...
Persistent link: https://www.econbiz.de/10008636456
This paper empirically investigates the household's decision to reside and work either inthe central metropolitan area, or in the surrounding nonmetropolitan area, or to commutebetween the two regions. As economic theory suggests the location decisionamounts to trading off wages, housing costs,...
Persistent link: https://www.econbiz.de/10004964359
DCM (Discrete Choice Models) is a package for estimating a class of discrete choice models. Written in Ox, DCM is a class that implements a wide range of discrete choice models including standard binary response models, with notable extensions including conditional mixed logit, mixed probit,...
Persistent link: https://www.econbiz.de/10005113763
This paper assesses the impact on household labor supply of a Dual Income Tax reform in Germany. It relies on GMOD, a population-based tax-benefit microsimulation model, and uses flexible mixed logit simulation estimators.
Persistent link: https://www.econbiz.de/10009371292
Persistent link: https://www.econbiz.de/10011862098
Persistent link: https://www.econbiz.de/10013402166
The business literature has long recognized the importance of multinationals’ distribution networks. The empirical analysis of distribution-oriented FDI has, however, received little attention which is at least partly due to the lack of appropriate data. We outline a slightly modified version...
Persistent link: https://www.econbiz.de/10003954210