Results 41 to 50 of about 2,031,671 (392)

Collective Choice with Heterogeneous Time Preferences [PDF]

open access: yesSSRN 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
openaire   +2 more sources

Integrating a Pareto-Distributed Scale into the Mixed Logit Model: A Mathematical Concept

open access: yesMathematics, 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
doaj   +1 more source

What to Choose? The Value of Label Claims to Fresh Produce Consumers

open access: yesJournal 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
doaj   +1 more source

How does heterogeneity in dwelling type preferences relate to housing and built environment characteristics?

open access: yesInternational 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
doaj   +1 more source

Controlling for the effects of information in a public goods discrete choice model [PDF]

open access: yes, 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
core   +2 more sources

Multinomial Logit Models with Continuous and Discrete Individual Heterogeneity in R: The gmnl Package

open access: yesJournal 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
doaj   +1 more source

Channel Selection Decision in a Dual-Channel Supply Chain: A Consumer-Driven Perspective

open access: yesIEEE 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
doaj   +1 more source

Attribute nonattendance in COVID‐19 vaccine choice: A discrete choice experiment based on Chinese public preference

open access: yesHealth 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
doaj   +1 more source

Coarse tolling with heterogeneous preferences [PDF]

open access: yesTransportation 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.
openaire   +4 more sources

Preference Heterogeneity and Optimal Monetary Policy [PDF]

open access: yesSSRN 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
openaire   +4 more sources

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