Results 41 to 50 of about 2,031,671 (392)
Collective Choice with Heterogeneous Time Preferences [PDF]
SSRN Electronic Journal, 2021 AbstractThis paper reviews recent research on the aggregation of heterogeneous time preferences. Main results are illustrated in a simple Ramsey model with many agents with additively time‐separable utility functions who differ in their discount factors. We employ an intertemporal view on this model and argue that preferences of a decision maker should
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Integrating a Pareto-Distributed Scale into the Mixed Logit Model: A Mathematical Concept
Mathematics, 2023 A generalized multinomial logit (G-MNL) model is proposed to alleviate the four challenges inherent to the conditional logit model, including (1) simultaneous unidentifiability, (2) the immediacy of decision-making, (3) the homogeneity of preferences in ...
Taro Ohdoko, Satoru Komatsu
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What to Choose? The Value of Label Claims to Fresh Produce Consumers
Journal of Agricultural and Resource Economics, 2008 We examine consumer response to label information using a hypothetical choice experiment on red leaf lettuce attribute bundles. Using survey responses, several mixed logit models with random parameters and varying correlation assumptions are estimated ...
Craig A. Bond +2 more
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International Journal of Digital Earth, 2023 Understanding housing preferences is critical for successful compact city development. However, there is limited research on understanding preference heterogeneity in dwelling type choices.
Yuanyuan Huang +3 more
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Controlling for the effects of information in a public goods discrete choice model [PDF]
, 2016 This paper develops a reduced form method of controlling for differences in information sets of subjects in public good discrete choice models, using stated preference data.
Czajkowski, Mikołaj +2 more
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Journal of Statistical Software, 2017 This paper introduces the package gmnl in R for estimation of multinomial logit models with unobserved heterogeneity across individuals for cross-sectional and panel (longitudinal) data.
Mauricio Sarrias, Ricardo Daziano
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Channel Selection Decision in a Dual-Channel Supply Chain: A Consumer-Driven Perspective
IEEE Access, 2020 In a supply chain, customers have heterogeneity preferences due to channel stickiness and brand stickiness. The complicated behaviors of different customers (i.e., target customers and experience customers) results can lead to channel cannibalization ...
Yongshi Hu, Jing Lin, Xiao-Li Su
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Health Expectations, 2022 Objectives The global coronavirus disease 2019 (COVID‐19) pandemic has not been well controlled, and vaccination could be an effective way to prevent this pandemic.
Jianhong Xiao +3 more
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Coarse tolling with heterogeneous preferences [PDF]
Transportation Research Part B: Methodological, 2013 Abstract This paper analyses optimal coarse tolling of congestion under heterogeneous preferences, and in particular its welfare and distributional effects. With coarse tolling, the toll equals a fixed value during the centre of the peak, whereas outside this period it is zero.
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Preference Heterogeneity and Optimal Monetary Policy [PDF]
SSRN Electronic Journal, 2020 We study optimal policy design in a monetary model with heterogeneous preferences. In the model, financial markets are incomplete and households are heterogeneous with respect to their current consumption preferences and discount factors. The government controls the supply of money (liquid) and nominal bonds (illiquid), and households make optimal ...
Uras, Burak R., van Buggenum, Hugo
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