This paper demonstrates the existence of a unique solution of the PMP problem when both observed output quantities and limiting input prices are taken as calibrating benchmarks. This version of PMP avoids the use of a user-determined small positive number ε originally introduced for...

REVISED 4/2/2015. SEE WP-15-001 AT http://ageconsearch.umn.edu/handle/200491

In the last few years, there has been a growing body of literature on how to detect and deal with the fact that some respondents seem to ignore one or more attributes in a discrete choice experiments. This paper aims to analyse the performance of two econometric approaches devoted to solve this...