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on Discrete Choice Models |
| By: | Jiang, Qi; Penn, Jerrod; Hu, Wuyang |
| Keywords: | Food Consumption/Nutrition/Food Safety, Environmental Economics and Policy |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea24:343917 |
| By: | Cao, Ting; House, Lisa A.; Gao, Zhifeng; Wang, Yu |
| Keywords: | Food Consumption/Nutrition/Food Safety, Marketing |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea24:343906 |
| By: | Katungi, Enid M.; Larochelle, Catherine; Magreta, Ruth; Banda, Arnold |
| Keywords: | International Development, Food Consumption/Nutrition/Food Safety |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea24:343995 |
| By: | Nail Kashaev; Natalia Lazzati |
| Abstract: | We develop a continuous-time peer-effect discrete choice model where peers that affect the preferences of a given agent are randomly selected based on their previous choices. We characterize the equilibrium behavior and study the empirical content of the model. In the model, changes in the choices of peers affect both the set of peers the agent pays attention to and her preferences over the alternatives. We exploit variation in choices coupled with variation in the size of the set of potential peers to recover agents' preferences and the peer selection mechanism. These nonparametric identification results do not rely on exogenous variation of covariates. |
| Date: | 2025–11 |
| URL: | https://d.repec.org/n?u=RePEc:arx:papers:2511.21446 |
| By: | Tri Phu Vu |
| Abstract: | This paper studies choice situations in which a decision maker can choose multiple alternatives. Given a menu of available options, the decision maker selects a subset of the menu with certain probabilities. We employ an axiomatic approach to characterize various parametric models in the literature. Our results elucidate the implications of the functional form assumptions and shed light on the distinctions between models. The behavioral postulates offer simple tools for testing and falsifying the choice procedures used by the decision maker and reveal a close connection between models that are seemingly unrelated. |
| Date: | 2025–11 |
| URL: | https://d.repec.org/n?u=RePEc:arx:papers:2511.18476 |
| By: | Roth, Jakob; Schwab, Laura; Hintermann, Beat |
| Abstract: | The European travel sector is experiencing a transformation driven by increased climate awareness and policy measures aimed at reducing external costs such as emissions. This study examines how Swiss travelers respond to these developments, using a stated preference experiment including the modes train, night train, car, and airplane. Employing nested logit models, we find a significant willingness-to-pay for sustainable aviation fuel (SAF) of CHF 94 per ton of CO2e. Based on the estimated coefficients, we evaluate the impacts of four policy scenarios: an aviation tax (CHF 30), a night train subsidy (CHF 20), a SAF blending quota, and a market outlook for 2030. These scenarios are benchmarked against the first-best Pigovian tax on transport externalities. Assessing demand shifts, consumer surplus, and external costs, we find that subsidizing night train prices, the aviation tax, and the 2030 scenario increase welfare, whereas a 6% SAF mandate reduces it. |
| JEL: | D6 R4 Q5 |
| Date: | 2025–12–02 |
| URL: | https://d.repec.org/n?u=RePEc:bsl:wpaper:2025/08 |
| By: | Moss, Logan; McFadden, Brandon R.; Adhikari, Saroj; Nalley, Lawton Lanier; Wilson, Norbert L.W. |
| Keywords: | Agribusiness, Marketing, Food Consumption/Nutrition/Food Safety |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea24:343846 |
| By: | Clark, Harrison; Chen, Xuqi; Yenerall, Jackie |
| Keywords: | Food Consumption/Nutrition/Food Safety, Consumer/Household Economics, Marketing |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea24:343781 |
| By: | Bajgain, Pralhad; Rihn, Alicia; Zaring, Caitlin; Eckelkamp, Liz |
| Keywords: | Agribusiness, Marketing, Institutional and Behavioral Economics |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ags:aaea24:343950 |