Calculating, With Income Effects, the Compensating Variation for a State Change
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- Joseph A. Herriges & Catherine L. Kling, 1999. "Nonlinear Income Effects in Random Utility Models," The Review of Economics and Statistics, MIT Press, vol. 81(1), pages 62-72, February.
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KeywordsCompensating variation; Epsilon draw; Equivalent variation; Random components; State change; State independence;
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