Arbeitspapier
Measuring Willingness-To-Pay in Discrete Choice Models with Semi- Parametric Techniques
It is usual to estimate willingness-to-pay in discrete choice models through Logit models –or their expanded versions-. Nevertheless, these models have very restrictive distributional assumptions. This paper is intended to examine the above- mentioned issue and to propose an alternative estimation using non-parametric techniques. Furthermore, this paper introduces an empirical application of willingness-to-pay for improved subway travel times in the City of Buenos Aires.
- Language
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Englisch
- Bibliographic citation
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Series: EERI Research Paper Series ; No. 3/2003
- Classification
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Wirtschaft
- Subject
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Willingness-To-Pay Discrete Choice Model Semi-Parametric Econometrics
- Event
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Geistige Schöpfung
- (who)
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Garcia, Pablo M
- Event
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Veröffentlichung
- (who)
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Economics and Econometrics Research Institute (EERI)
- (where)
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Brussels
- (when)
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2003
- Handle
- Last update
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10.03.2025, 11:45 AM CET
Data provider
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Object type
- Arbeitspapier
Associated
- Garcia, Pablo M
- Economics and Econometrics Research Institute (EERI)
Time of origin
- 2003