A discrete choice model with endogenous attribute attendance

Arne Hole

No 2010006, Working Papers from The University of Sheffield, Department of Economics

Abstract: This paper develops a discrete choice model in which the decision to consider an attribute in the choice process is modelled endogenously. In an application to patients' choice of general practitioner it is found that the proposed model outperforms the standard logit model in terms of goodness of fit and produces substantially different estimates of willingness to pay.

Keywords: discrete choice; attribute attendance (search for similar items in EconPapers)
JEL-codes: C25 (search for similar items in EconPapers)
Pages: 10 pages
Date: 2010-02, Revised 2010-02
New Economics Papers: this item is included in nep-dcm
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Citations: View citations in EconPapers (2)

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http://www.shef.ac.uk/economics/research/serps/articles/2010_006.html First version, 2010 (application/pdf)

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Journal Article: A discrete choice model with endogenous attribute attendance (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:shf:wpaper:2010006

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