A Bayes multinomial probit model for random consumer-surplus maximization
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DOI: 10.1016/j.jocm.2015.09.007
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References listed on IDEAS
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More about this item
Keywords
Discrete choice models; Willingness-to-pay space; Consumer surplus models;All these keywords.
JEL classification:
- C25 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions; Probabilities
- C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
- D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
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