Willingness to Pay-inference in the absence of rejected propositions
Author
Abstract
Suggested Citation
DOI: 10.1016/j.jretconser.2017.07.001
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Imbens, Guido W, 1992.
"An Efficient Method of Moments Estimator for Discrete Choice Models with Choice-Based Sampling,"
Econometrica, Econometric Society, vol. 60(5), pages 1187-1214, September.
- Imbens, G.W., 1990. "An Efficient Method of Moments Estimator for Discrete Choice Models with Choice-Based Sampling," Other publications TiSEM 67d429fa-530b-450d-ad86-5, Tilburg University, School of Economics and Management.
- Imbens, G.W., 1990. "An Efficient Method Of Moments Estimator For Descrete Choice Models With Choice-Based Sampling," Papers 9009, Tilburg - Center for Economic Research.
- Imbens, G.W., 1991. "An Efficient Method Of Moments Estimator For Discrete Choice Models With Choice-Based Sampling," Harvard Institute of Economic Research Working Papers 1546, Harvard - Institute of Economic Research.
- Imbens, G.W., 1990. "An Efficient Method of Moments Estimator for Discrete Choice Models with Choice-Based Sampling," Discussion Paper 1990-9, Tilburg University, Center for Economic Research.
- Brownstone, David & Ghosh, Arindam & Kazimi, Camilla & Van Amelsfort, Dirk, 2002. "Drivers' Willingness-to-Pay to Reduce Travel Time: Evidence from the San Diego I-15 Congestion Pricing Project," University of California Transportation Center, Working Papers qt8q7331mz, University of California Transportation Center.
- Stephen A. Smith, 1986. "New Product Pricing in Quality Sensitive Markets," Marketing Science, INFORMS, vol. 5(1), pages 70-87.
- Salop, S & Stiglitz, J E, 1982. "The Theory of Sales: A Simple Model of Equilibrium Price Dispersion with Identical Agents," American Economic Review, American Economic Association, vol. 72(5), pages 1121-1130, December.
- Perez-Pineda, Felipe & Quintanilla-Armijo, Carlos, 2013. "Estimating willingness-to-pay and financial feasibility in small water projects in El Salvador," Journal of Business Research, Elsevier, vol. 66(10), pages 1750-1758.
- Paul Ingenbleek & Marion Debruyne & Ruud T. Frambach & Theo M. M. Verhallen, 2003.
"Successful New Product Pricing Practices: A Contingency Approach,"
Marketing Letters, Springer, vol. 14(4), pages 289-305, December.
- Ingenbleek, P.T.M. & Debruyne, M. & Frambach, R.T. & Verhallen, T.M.M., 2003. "Succesful new product pricing practices : A contingency approach," Other publications TiSEM 7df23c39-347c-44a1-a44b-2, Tilburg University, School of Economics and Management.
- Brownstone, David & Ghosh, Arindam & Golob, Thomas F & Kazimi, Camilla & Van Amelsfort, Dirk, 2002. "Drivers' Willingness-to-Pay to Reduce Travel Time: Evidence from the San Diego I-15 Congestion Pricing Project," University of California Transportation Center, Working Papers qt3mx1d1k4, University of California Transportation Center.
- Li, Chu-Shiu & Lin, Chih Hao & Liu, Chwen-Chi & Woodside, Arch G., 2012. "Dynamic pricing in regulated automobile insurance markets with heterogeneous insurers: Strategies nice versus nasty for customers," Journal of Business Research, Elsevier, vol. 65(7), pages 968-976.
- Moreno-Izquierdo, L. & Ramón-Rodríguez, A. & Perles Ribes, J., 2015. "The impact of the internet on the pricing strategies of the European low cost airlines," European Journal of Operational Research, Elsevier, vol. 246(2), pages 651-660.
- Mandy Ryan & Karen Gerard & Gillian Currie, 2012. "Using Discrete Choice Experiments in Health Economics," Chapters, in: Andrew M. Jones (ed.), The Elgar Companion to Health Economics, Second Edition, chapter 41, Edward Elgar Publishing.
- Dahlby, Bev & West, Douglas S, 1986. "Price Dispersion in an Automobile Insurance Market," Journal of Political Economy, University of Chicago Press, vol. 94(2), pages 418-438, April.
- Eric K. Clemons & Il-Horn Hann & Lorin M. Hitt, 2002. "Price Dispersion and Differentiation in Online Travel: An Empirical Investigation," Management Science, INFORMS, vol. 48(4), pages 534-549, April.
- Esther W. de Bekker‐Grob & Mandy Ryan & Karen Gerard, 2012. "Discrete choice experiments in health economics: a review of the literature," Health Economics, John Wiley & Sons, Ltd., vol. 21(2), pages 145-172, February.
- Biswas, Dipayan, 2004. "Economics of information in the Web economy: Towards a new theory?," Journal of Business Research, Elsevier, vol. 57(7), pages 724-733, July.
- Reinganum, Jennifer F, 1979.
"A Simple Model of Equilibrium Price Dispersion,"
Journal of Political Economy, University of Chicago Press, vol. 87(4), pages 851-858, August.
- Jennifer F. Reinganum, 1978. "A Simple Model of Equilibrium Price Dispersion," Discussion Papers 335, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Daly, Andrew & Hess, Stephane & de Jong, Gerard, 2012. "Calculating errors for measures derived from choice modelling estimates," Transportation Research Part B: Methodological, Elsevier, vol. 46(2), pages 333-341.
- Michael R. Baye & John Morgan & Patrick Scholten, 2004.
"Price Dispersion In The Small And In The Large: Evidence From An Internet Price Comparison Site,"
Journal of Industrial Economics, Wiley Blackwell, vol. 52(4), pages 463-496, December.
- Michael R. Baye & John Morgan & Patrick Scholten, 2004. "Price Dispersion in the Small and in the Large: Evidence from an Internet Price Comparison Site," Working Papers 2004-03, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy.
- Brownstone, David & Ghosh, Arindam & Golob, Thomas F. & Kazimi, Camilla & Van Amelsfort, Dirk, 2003.
"Drivers' willingness-to-pay to reduce travel time: evidence from the San Diego I-15 congestion pricing project,"
Transportation Research Part A: Policy and Practice, Elsevier, vol. 37(4), pages 373-387, May.
- Brownstone, David & Ghosh, Arindam & Kazimi, Camilla & Van Amelsfort, Dirk, 2002. "Drivers' Willingness-to-Pay to Reduce Travel Time: Evidence from the San Diego I-15 Congestion Pricing Project," University of California Transportation Center, Working Papers qt8q7331mz, University of California Transportation Center.
- Brownstone, David & Ghosh, Arindam & Golob, Thomas F & Kazimi, Camilla & Van Amelsfort, Dirk, 2002. "Drivers' Willingness-to-Pay to Reduce Travel Time: Evidence from the San Diego I-15 Congestion Pricing Project," University of California Transportation Center, Working Papers qt3mx1d1k4, University of California Transportation Center.
- Fosgerau, Mogens & Börjesson, Maria, 2015.
"Manipulating a stated choice experiment,"
Journal of choice modelling, Elsevier, vol. 16(C), pages 43-49.
- Fosgerau, Mogens & Börjesson, Maria, 2015. "Manipulating a stated choice experiment," MPRA Paper 67053, University Library of Munich, Germany.
- Pashigian, B Peter, 1988. "Demand Uncertainty and Sales: A Study of Fashion and Markdown Pricin g," American Economic Review, American Economic Association, vol. 78(5), pages 936-953, December.
- Abrantes, Pedro A.L. & Wardman, Mark R., 2011. "Meta-analysis of UK values of travel time: An update," Transportation Research Part A: Policy and Practice, Elsevier, vol. 45(1), pages 1-17, January.
- Paolo Roma & Fabio Zambuto & Gandolfo Dominici, 2015. "An empirical analysis of online price dispersion in the Italian airline industry," International Journal of Electronic Marketing and Retailing, Inderscience Enterprises Ltd, vol. 6(4), pages 339-358.
- Boeri, Marco & Longo, Alberto & Grisolía, José M. & Hutchinson, W. George & Kee, Frank, 2013. "The role of regret minimisation in lifestyle choices affecting the risk of coronary heart disease," Journal of Health Economics, Elsevier, vol. 32(1), pages 253-260.
- Mara Thiene & Riccardo Scarpa, 2009. "Deriving and Testing Efficient Estimates of WTP Distributions in Destination Choice Models," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 44(3), pages 379-395, November.
- Li, Guoxin & Li, Guofeng & Kambele, Zephaniah, 2012. "Luxury fashion brand consumers in China: Perceived value, fashion lifestyle, and willingness to pay," Journal of Business Research, Elsevier, vol. 65(10), pages 1516-1522.
- Mumbower, Stacey & Garrow, Laurie A. & Newman, Jeffrey P., 2015. "Investigating airline customers’ premium coach seat purchases and implications for optimal pricing strategies," Transportation Research Part A: Policy and Practice, Elsevier, vol. 73(C), pages 53-69.
- Manski, Charles F & Lerman, Steven R, 1977. "The Estimation of Choice Probabilities from Choice Based Samples," Econometrica, Econometric Society, vol. 45(8), pages 1977-1988, November.
- George J. Stigler, 1961. "The Economics of Information," Journal of Political Economy, University of Chicago Press, vol. 69(3), pages 213-213.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Haghani, Milad & Bliemer, Michiel C.J. & Rose, John M. & Oppewal, Harmen & Lancsar, Emily, 2021. "Hypothetical bias in stated choice experiments: Part I. Macro-scale analysis of literature and integrative synthesis of empirical evidence from applied economics, experimental psychology and neuroimag," Journal of choice modelling, Elsevier, vol. 41(C).
- Ma, Wenliang & Wang, Qiang & Yang, Hangjun & Zhang, Guoquan & Zhang, Yahua, 2020. "Understanding airline price dispersion in the presence of high-speed rail," Transport Policy, Elsevier, vol. 95(C), pages 93-102.
- Steimetz, Seiji S.C. & Brownstone, David, 2005.
"Estimating commuters' "value of time" with noisy data: a multiple imputation approach,"
Transportation Research Part B: Methodological, Elsevier, vol. 39(10), pages 865-889, December.
- Brownstone, David & Steimetz, Seiji S. C., 2004. "Estimating Commuters’ “Value of Time” with Noisy Data: a Multiple Imputation Approach," University of California Transportation Center, Working Papers qt6s78c7rt, University of California Transportation Center.
- Steimetz, Seiji S.C. & Brownstone, David, 2004. "Estimating Commuters’ “Value of Time” with Noisy Data: a Multiple Imputation Approach," University of California Transportation Center, Working Papers qt52g9r2sd, University of California Transportation Center.
- Stephen McDonald & Colin Wren, 2017. "Consumer Search Ability, Price Dispersion and the Digital Divide," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 79(2), pages 234-250, April.
- David A. J. Meester & Stephane Hess & John Buckell & Thomas O. Hancock, 2023. "Can decision field theory enhance our understanding of health‐based choices? Evidence from risky health behaviors," Health Economics, John Wiley & Sons, Ltd., vol. 32(8), pages 1710-1732, August.
- Ibrahim Mohammed & Basak Denizci Guillet & Rob Law, 2019. "Modeling dynamic price dispersion of hotel rooms in a spatially agglomerated tourism city for weekend and midweek stays," Tourism Economics, , vol. 25(8), pages 1245-1264, December.
- Bolotova, Yuliya & Connor, John M. & Miller, Douglas J., 2008.
"The impact of collusion on price behavior: Empirical results from two recent cases,"
International Journal of Industrial Organization, Elsevier, vol. 26(6), pages 1290-1307, November.
- Bolotova, Yuliya & Connor, John M. & Miller, Douglas J., 2005. "The Impact of Collusion on Price Behavior: Empirical Results from Two Recent Cases," 2005 Annual meeting, July 24-27, Providence, RI 19164, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Seiji S. C. Steimetz, 2009. "White‐Knuckle Externalities," Economic Inquiry, Western Economic Association International, vol. 47(2), pages 304-316, April.
- Ya-Ling Chiu & Jiangze Du & Jying-Nan Wang, 2022. "The Effects of Price Dispersion on Sales in the Automobile Industry: A Dynamic Panel Analysis," SAGE Open, , vol. 12(3), pages 21582440221, August.
- Steimetz, Seiji S.C., 2008. "Defensive driving and the external costs of accidents and travel delays," Transportation Research Part B: Methodological, Elsevier, vol. 42(9), pages 703-724, November.
- Börjesson, Maria & Fosgerau, Mogens & Algers, Staffan, 2012. "On the income elasticity of the value of travel time," Transportation Research Part A: Policy and Practice, Elsevier, vol. 46(2), pages 368-377.
- Cason, Timothy N. & Datta, Shakun, 2006. "An experimental study of price dispersion in an optimal search model with advertising," International Journal of Industrial Organization, Elsevier, vol. 24(3), pages 639-665, May.
- Glavic, Drazenko & Milos, Mladenovic & Luttinen, Tapio & Cicevic, Svetlana & Trifunovic, Aleksandar, 2017. "Road to price: User perspectives on road pricing in transition country," Transportation Research Part A: Policy and Practice, Elsevier, vol. 105(C), pages 79-94.
- Huang, Zhibin & Yong, Jianming & Ma, Wenliang & Chen, Mengying & Xiong, Zihan & Shrestha, Anup, 2022. "Internet penetration and airline pricing: Evidence from China," Transport Policy, Elsevier, vol. 123(C), pages 104-111.
- Mahieu, Pierre-Alexandre & Andersson, Henrik & Beaumais, Olivier & Crastes dit Sourd, Romain & Hess, François-Charles & Wolff, François-Charles, 2017.
"Stated preferences: a unique database composed of 1657 recent published articles in journals related to agriculture, environment, or health,"
Review of Agricultural, Food and Environmental Studies, Institut National de la Recherche Agronomique (INRA), vol. 98(3), November.
- Pierre-Alexandre Mahieu & Henrik Andersson & Olivier Beaumais & Romain Crastes dit Sourd & Stephane Hess & François-Charles Wolff, 2017. "Stated preferences: a unique database composed of 1657 recent published articles in journals related to agriculture, environment, or health," Review of Agricultural, Food and Environmental Studies, Springer, vol. 98(3), pages 201-220, December.
- Pierre-Alexandre Mahieu & Henrik Andersson & Olivier Beaumais & Romain Crastes dit Sourd & Stephane Hess & François-Charles Wolf, 2017. "Stated preferences: a unique database composed of 1657recent published articles in journals relatedto agriculture, environment, or health," Review of Agricultural, Food and Environmental Studies, INRA Department of Economics, vol. 98(3), pages 201-220.
- Janson, Michael & Levinson, David, 2014. "HOT or not," Research in Transportation Economics, Elsevier, vol. 44(C), pages 21-32.
- He, Brian Yueshuai & Zhou, Jinkai & Ma, Ziyi & Wang, Ding & Sha, Di & Lee, Mina & Chow, Joseph Y.J. & Ozbay, Kaan, 2021. "A validated multi-agent simulation test bed to evaluate congestion pricing policies on population segments by time-of-day in New York City," Transport Policy, Elsevier, vol. 101(C), pages 145-161.
- Greg Kaplan & Guido Menzio & Leena Rudanko & Nicholas Trachter, 2019.
"Relative Price Dispersion: Evidence and Theory,"
American Economic Journal: Microeconomics, American Economic Association, vol. 11(3), pages 68-124, August.
- Greg Kaplan & Guido Menzio & Leena Rudanko & Nicholas Trachter, 2016. "Relative Price Dispersion: Evidence and Theory," NBER Working Papers 21931, National Bureau of Economic Research, Inc.
- Greg Kaplan & Guido Menzio & Leena Rudanko & Nicholas Trachter, 2016. "Relative Price Dispersion: Evidence and Theory," PIER Working Paper Archive 16-001, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 01 Jan 2016.
- Greg Kaplan & Guido Menzio & Leena Rudanko & Nicholas Trachter, 2016. "Relative Price Dispersion: Evidence and Theory," Working Paper 16-2, Federal Reserve Bank of Richmond.
- Greg Kaplan & Guido Menzio & Leena Rudanko & Nicholas Trachter, 2016. "Relative price dispersion: evidence and theory," Working Papers 16-6, Federal Reserve Bank of Philadelphia.
- Ma, Jiaxin & Chen, Xumei & Zhang, Xiaomei & Zhang, Yixin & Yu, Lei, 2024. "Exploring the willingness to pay for high-occupancy toll lanes under conditions of low familiarity," Transport Policy, Elsevier, vol. 154(C), pages 142-156.
- MELIS, Lissa & SÖRENSEN, Kenneth, 2021. "The real-time on-demand bus routing problem: What is the cost of dynamic requests?," Working Papers 2021003, University of Antwerp, Faculty of Business and Economics.
More about this item
Keywords
Willingness to Pay; Discrete choice; Shopping location;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:joreco:v:39:y:2017:i:c:p:35-42. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: https://www.journals.elsevier.com/journal-of-retailing-and-consumer-services .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.