EconPapers    
Economics at your fingertips  
 

Measuring Willingness-To-Pay in Discrete Choice Models with Semi- Parametric Techniques

Pablo Garcia ()

No EERI_RP_2003_03, EERI Research Paper Series from Economics and Econometrics Research Institute (EERI), Brussels

Abstract: 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.

Keywords: Willingness-To-Pay; Discrete; Choice; Model; Semi-Parametric; Econometrics (search for similar items in EconPapers)
JEL-codes: C2 L9 (search for similar items in EconPapers)
Pages: 14 pages
Date: 2003-04
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://www.eeri.eu/documents/wp/EERI_RP_2003_03.pdf (application/pdf)

Related works:
Journal Article: Measuring Willingness-to-Pay in Discrete Chice Models with Semi-Parametric Techniques (2005) Downloads
Working Paper: Measuring Willingness-To-Pay in Discrete Choice Models with Semi- Parametric Techniques (2005) Downloads
Working Paper: MEASURING WILLINGNESS-TO-PAY IN DISCRETE CHOICE MODELS WITH SEMI- PARAMETRIC TECHNIQUES (2005) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eei:rpaper:eeri_rp_2003_03

Access Statistics for this paper

More papers in EERI Research Paper Series from Economics and Econometrics Research Institute (EERI), Brussels Contact information at EDIRC.
Bibliographic data for series maintained by Julia van Hove ().

 
Page updated 2020-03-29
Handle: RePEc:eei:rpaper:eeri_rp_2003_03