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Does accounting for preference heterogeneity improve the forecasting of a random utility model? A case study

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  • Provencher, Bill
  • Bishop, R.C.Richard C.
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    Article provided by Elsevier in its journal Journal of Environmental Economics and Management.

    Volume (Year): 48 (2004)
    Issue (Month): 1 (July)
    Pages: 793-810

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    Handle: RePEc:eee:jeeman:v:48:y:2004:i:1:p:793-810

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    Web page: http://www.elsevier.com/locate/inca/622870

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    1. Morduch, J. & Stern, H.S., 1995. "Using Mixture Models to Detect Sex Bias in Health Outcomes in Bangladesh," Papers, Harvard - Institute for International Development 513, Harvard - Institute for International Development.
    2. Heng Z. Chen & Stephen R. Cosslett, 1998. "Environmental Quality Preference and Benefit Estimation in Multinomial Probit Models: A Simulation Approach," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, Agricultural and Applied Economics Association, vol. 80(3), pages 512-520.
    3. David Revelt & Kenneth Train, 1998. "Mixed Logit With Repeated Choices: Households' Choices Of Appliance Efficiency Level," The Review of Economics and Statistics, MIT Press, MIT Press, vol. 80(4), pages 647-657, November.
    4. Krinsky, Itzhak & Robb, A Leslie, 1990. "On Approximating the Statistical Properties of Elasticities: A Correction," The Review of Economics and Statistics, MIT Press, MIT Press, vol. 72(1), pages 189-90, February.
    5. Krinsky, Itzhak & Robb, A Leslie, 1986. "On Approximating the Statistical Properties of Elasticities," The Review of Economics and Statistics, MIT Press, MIT Press, vol. 68(4), pages 715-19, November.
    6. Peter Boxall & Wiktor Adamowicz, 2002. "Understanding Heterogeneous Preferences in Random Utility Models: A Latent Class Approach," Environmental & Resource Economics, European Association of Environmental and Resource Economists, European Association of Environmental and Resource Economists, vol. 23(4), pages 421-446, December.
    7. Keane, Michael P, 1997. "Modeling Heterogeneity and State Dependence in Consumer Choice Behavior," Journal of Business & Economic Statistics, American Statistical Association, American Statistical Association, vol. 15(3), pages 310-27, July.
    8. Kenneth E. Train, 1998. "Recreation Demand Models with Taste Differences over People," Land Economics, University of Wisconsin Press, University of Wisconsin Press, vol. 74(2), pages 230-239.
    9. Bill Provencher & Kenneth A. Baerenklau & Richard C. Bishop, 2002. "A Finite Mixture Logit Model of Recreational Angling with Serially Correlated Random Utility," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, Agricultural and Applied Economics Association, vol. 84(4), pages 1066-1075.
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