Discrete choice models in regional science
In: London papers in regional science 14
546032 Ergebnisse
Sortierung:
In: London papers in regional science 14
SSRN
Working paper
In: Political analysis: PA ; the official journal of the Society for Political Methodology and the Political Methodology Section of the American Political Science Association, Band 11, Heft 4, S. 316-344
ISSN: 1476-4989
Social scientists are often confronted with theories in which one or more actors make choices over a discrete set of options. In this article, I generalize a broad class of statistical discrete choice models, with both well-known and new nonstrategic and strategic special cases. I demonstrate how to derive statistical models from theoretical discrete choice models and, in doing so, I address the statistical implications of three sources of uncertainty: agent error, private information about payoffs, and regressor error. For strategic and some nonstrategic choice models, the three types of uncertainty produce different statistical models. In these cases, misspecifying the type of uncertainty leads to biased and inconsistent estimates, and to incorrect inferences based on estimated probabilities.
In: American Journal of Agricultural Economics, Band 87, Heft 4, S. 1061-1076
SSRN
In: Journal of economic studies, Band 30, Heft 6, S. 584-604
ISSN: 1758-7387
This paper presents the results of a choice experiment carried out from August to October 2000 on the visitors of the Galleria Borghese Museum, a worldwide known heritage site located in Rome. The main objective of this work is to study the relevancy of choice experiment techniques as a tool aimed at measuring economic values and assessing user preferences concerning the multi‐attribute and multi‐value services as supplied by cultural institutions. A set of alternative incremental changes in service attributes showing improvements in supply are designed and presented to visitors. Alternative conditional logit specifications are used for analysing stated choices over the hypothetical incremental changes in museum attributes. Willingness to pay for incremental variations concerning site attributes is positive and statistically significant for most changes. Conditional logit specifications, which incorporate heterogeneity by adding interaction socio‐economic terms, are generally robust and do not violate the IIA assumption. In addition, in the present case study, non‐IIA models do not outperform conditional logit models. Choice experiments confirm as being a practical and effective tool for non‐market valuation, and they should be used to provide information to decision makers for justifying demand led policies.
In: Political analysis: official journal of the Society for Political Methodology, the Political Methodology Section of the American Political Science Association, Band 11, Heft 4, S. 316-344
ISSN: 1047-1987
In: Tinbergen Institute Discussion Paper No. 17-067/VIII
SSRN
Working paper
SSRN
In: University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2022-75
SSRN
SSRN
SSRN
Working paper
In: IZA Discussion Paper No. 6359
SSRN
In: The Rand journal of economics, Band 25, Heft 2, S. 242
ISSN: 1756-2171
In: NBER Working Paper No. w21527
SSRN