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David Revelt and Kenneth Train. <BR> JEL#: C25, D12, L94.<BR> Keywords: energy suppliers, mixed logit, taste parameters<BR> In a discrete choice situation, information about the tastes of each sampled customer is inferred from estimates of the distribution of tastes in the population. First, maximum...
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This note provides sufficient conditions to draw strict monotone comparative statics conclusions in optimization problems. These results extend the lattice-theoretic results of Milgrom and Shannon (1994) by imposing a stronger differential version of the single crossing property and arguing from...
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