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Multi-attribute modeling has rapidly progressed from being a novelty to becoming a widely used tool of economic research. When both choice and attribute ratings data are available, a model that makes joint use of both offers informative inference opportunities. In the present study we develop a...
Persistent link: https://www.econbiz.de/10009443277
In the period of investigation, 1995–2000, the Danish fishery for species meant for human consumption was managed by individual non-transferable vessel quotas, while the fishery for species meant for fishmeal and fish oil was subject to a total quota. The revenues of the fishermen targeting...
Persistent link: https://www.econbiz.de/10009443283
This paper develops a new structural estimator that uses the properties of a market equilibrium, together with information on households and their observed location choices, to recover horizontally differentiated preferences for a vector of local public goods. The estimation is consistent with...
Persistent link: https://www.econbiz.de/10009443306
We employed a cross-nested logit (CNL) model that permits a rich pattern of substitution among alternatives within a closed form choice model. The specification we employed is ideal for applications with many choice alternatives, such as the 431 fishing sites in this application. The CNL model...
Persistent link: https://www.econbiz.de/10009443358
Structural change in meat consumption has been the focus of many researchers during the last two decades. In this paper we develop a dynamic linear Almost Ideal Demand System (AIDS) model from a cost function that allows for time varying parameters. This model is consistent with inertia in the...
Persistent link: https://www.econbiz.de/10009443435
The decisions of young adults from non-metropolitan areas to either migrate to metropolitan areas or remain in non-metropolitan areas following the completion of schooling are studied in this paper. The migration decision is decomposed into an hourly initial earnings component and a cost...
Persistent link: https://www.econbiz.de/10009443449
Accurately estimating consumer demand for new products is an arduous task made even more difficult by the fact that individuals tend to overstate the amount they are willing to pay for new goods when asked hypothetical questions. Despite their appeal in eliminating hypothetical bias, marketers...
Persistent link: https://www.econbiz.de/10009443590
The objective of this paper is to present and analyze preliminary some selected methodologicalconsequences of the disputes held between modernists and post-modernists for the contemporarytheory of the firm. There is no doubt that the subject of these disputes constitutes the main axis in...
Persistent link: https://www.econbiz.de/10009443623
Published by Asociación de Economistas Agrarios de Chile
Persistent link: https://www.econbiz.de/10009443679
The greenhouse sector has reinvented itself as a technologically advanced and relatively environmentally friendly industry over the past 15 years. However it remains a high energy user. Two recent surveys have highlighted the potential impact on greenhouse grower costs of the proposed emissions...
Persistent link: https://www.econbiz.de/10009443698