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on Discrete Choice Models |
| By: | Olivier Beaumais (Identities, Spaces and Activities Laboratory, Pasquale Paoli University of Corsica); Dominique Prunetti (Identities, Spaces and Activities Laboratory, Pasquale Paoli University of Corsica) |
| Abstract: | Although the opportunity cost of time spent recycling has long been recognized as a key determinant of household recycling participation, very few empirical studies have attempted to provide estimates of it. In this paper, we propose a model of household recycling that, while including pecuniary and non pecuniary motives for decisions, such as social and moral norms or warm-glow, reveals heterogeneous values of saving time from recycling (VSTR). The predictions of our model are being tested, extending the basic latent-class logit model to the latent-class ranked ordered model and using data from a discrete choice experiment on waste management conducted in 2008 in Corsica. We find VSTR clearly heterogeneous across individuals, ranging from 8% to 76% of one's income. |
| Date: | 2017–03 |
| URL: | http://d.repec.org/n?u=RePEc:lia:wpaper:001&r=dcm |
| By: | Yoshitsugu Kitazawa (Faculty of Economics, Kyushu Sangyo University) |
| Abstract: | gDFEL-RTN (version 0.0.0) h is a set of TSP programs for root-N consistently estimating the dynamic fixed effects logit model with strictly exogenous continuous explanatory variables and/or time dummies. This set facilitates the researchers exploring the binary choice panel data. |
| Keywords: | dynamic fixed effects logit models; strictly exogenous continuous explanatory variables; time dummies; root-N consistent GMM estimators |
| JEL: | C23 C25 |
| Date: | 2017–04 |
| URL: | http://d.repec.org/n?u=RePEc:kyu:dpaper:81&r=dcm |