Identifying demand parameters in the presence of unobservables: A combined revealed and stated preference approach

A-Tier
Journal: Journal of Environmental Economics and Management
Year: 2008
Volume: 56
Issue: 1
Pages: 19-32

Score contribution per author:

2.011 = (α=2.01 / 2 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We develop a combined, revealed and stated preference approach to identify discrete choice demand parameters in the presence of unobserved determinants of choice. Our approach overcomes difficulties associated with small choice sets, multicollinearity, and endogeneity that arise with revealed preference approaches. To illustrate our framework, we revisit two Canadian moose hunting datasets. Our empirical results suggest the potential gains from fusing revealed and stated preference data, but they also suggest its limitations when the data-generating processes for the data sources differ.

Technical Details

RePEc Handle
repec:eee:jeeman:v:56:y:2008:i:1:p:19-32
Journal Field
Environment
Author Count
2
Added to Database
2026-01-29