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
Englisch

Bibliographic citation
Series: EERI Research Paper Series ; No. 3/2003

Classification
Wirtschaft
Subject
Willingness-To-Pay Discrete Choice Model Semi-Parametric Econometrics

Event
Geistige Schöpfung
(who)
Garcia, Pablo M
Event
Veröffentlichung
(who)
Economics and Econometrics Research Institute (EERI)
(where)
Brussels
(when)
2003

Handle
Last update
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

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