How wrong can you be, without noticing? Further evidence on speci cation errors in the Conditional Logit
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More about this item
KeywordsEnvironmental valuation; Welfare measurements; Choice experiments; Monte Carlo analysis; Speci cation tests;
- C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
- D69 - Microeconomics - - Welfare Economics - - - Other
- C99 - Mathematical and Quantitative Methods - - Design of Experiments - - - Other
- C15 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Statistical Simulation Methods: General
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-CDM-2013-09-13 (Collective Decision-Making)
- NEP-DCM-2013-09-13 (Discrete Choice Models)
- NEP-ECM-2013-09-13 (Econometrics)
- NEP-ENV-2013-09-13 (Environmental Economics)
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