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Consumers and experts: an econometric analysis of the demand for water heaters

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Author Info
Robert Bartels
Denzil Fiebig ()
Arthur Soest

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Abstract

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File URL: http://hdl.handle.net/10.1007/s00181-006-0052-y
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Publisher Info
Article provided by Springer in its journal Empirical Economics.

Volume (Year): 31 (2006)
Issue (Month): 2 (June)
Pages: 369-391
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Handle: RePEc:spr:empeco:v:31:y:2006:i:2:p:369-391

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Related research
Keywords: Appliance choice; Stated preference data; Mixed logit; C35; L84;

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Andrews, Donald W. K., 1998. "Hypothesis testing with a restricted parameter space," Journal of Econometrics, Elsevier, vol. 84(1), pages 155-199, May. [Downloadable!] (restricted)
    Other versions:
  2. Winand Emons, 1994. "Credence Goods and Fraudulent Experts," Diskussionsschriften dp9402, Universitaet Bern, Departement Volkswirtschaft.
    Other versions:
  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, vol. 80(4), pages 647-657, November. [Downloadable!] (restricted)
  4. Spector, David, 2002. "Failure of communication despite close preferences," Economics Letters, Elsevier, vol. 74(3), pages 283-289, February. [Downloadable!] (restricted)
  5. Nelson, Phillip, 1970. "Information and Consumer Behavior," Journal of Political Economy, University of Chicago Press, vol. 78(2), pages 311-29, March-Apr. [Downloadable!] (restricted)
  6. Green, David Jay, 1983. "A Logit Model of the Selection of a Space Heating Fuel by Builders of New Single Family Housing," The Review of Economics and Statistics, MIT Press, vol. 65(2), pages 337-42, May. [Downloadable!] (restricted)
  7. Daniel McFadden & Kenneth Train, 2000. "Mixed MNL models for discrete response," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 15(5), pages 447-470. [Downloadable!]
  8. Asher Wolinsky, 1993. "Competition in a Market for Informed Experts' Services," RAND Journal of Economics, The RAND Corporation, vol. 24(3), pages 380-398, Autumn. [Downloadable!] (restricted)
  9. Darby, Michael R & Karni, Edi, 1973. "Free Competition and the Optimal Amount of Fraud," Journal of Law & Economics, University of Chicago Press, vol. 16(1), pages 67-88, April.
  10. Rollin, Patricia & Beyea, Jan, 1985. "US appliance efficiency standards," Energy Policy, Elsevier, vol. 13(5), pages 425-436, October. [Downloadable!] (restricted)
  11. Brownstone, David & Train, Kenneth, 1998. "Forecasting new product penetration with flexible substitution patterns," Journal of Econometrics, Elsevier, vol. 89(1-2), pages 109-129, November. [Downloadable!] (restricted)
  12. Culyer, A J, 1989. "The Normative Economics of Health Care Finance and Provision," Oxford Review of Economic Policy, Oxford University Press, vol. 5(1), pages 34-58, Spring.
  13. Nelson, Philip, 1974. "Advertising as Information," Journal of Political Economy, University of Chicago Press, vol. 82(4), pages 729-54, July/Aug.. [Downloadable!] (restricted)
  14. Laband, David N, 1986. "Advertising as Information: An Empirical Note," The Review of Economics and Statistics, MIT Press, vol. 68(3), pages 517-21, August. [Downloadable!] (restricted)
  15. David F. Layton & Gardner Brown, 2000. "Heterogeneous Preferences Regarding Global Climate Change," The Review of Economics and Statistics, MIT Press, vol. 82(4), pages 616-624, November. [Downloadable!] (restricted)
  16. Vijay Krishna & John Morgan, 2001. "A Model Of Expertise," The Quarterly Journal of Economics, MIT Press, vol. 116(2), pages 747-775, May. [Downloadable!] (restricted)
    Other versions:
  17. Jeffrey A. Dubin, 1986. "Will Mandatory Conservation Promote Energy Efficiency in the Selection of Household Appliance Stocks?," The Energy Journal, International Association for Energy Economics, vol. 7(1), pages 99-118.
  18. Thomas N. Hubbard, 1998. "An Empirical Examination of Moral Hazard in the Vehicle Inspection Market," RAND Journal of Economics, The RAND Corporation, vol. 29(2), pages 406-426, Summer. [Downloadable!] (restricted)
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Jordan Louviere & Kenneth Train & Moshe Ben-Akiva & Chandra Bhat & David Brownstone & Trudy Cameron & Richard Carson & J. Deshazo & Denzil Fiebig & William Greene & David Hensher & Donald Waldman, 2005. "Recent Progress on Endogeneity in Choice Modeling," Marketing Letters, Springer, vol. 16(3), pages 255-265, December. [Downloadable!] (restricted)
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