Estimating individual valuation distributions with multiple bounded discrete choice data

C-Tier
Journal: Applied Economics
Year: 2011
Volume: 43
Issue: 21
Pages: 2641-2656

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

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

Abstract

This article presents a new modelling strategy that estimates individual valuation distributions with Multiple Bounded Discrete Choice (MBDC) data. An individual's valuation of a commodity or service is assumed to have a distribution rather than being a single number. Likelihood responses to the MBDC questions are numerically coded and treated with a new panel technique. The proposed estimation strategy is empirically compared with previous data analysis methods.

Technical Details

RePEc Handle
repec:taf:applec:v:43:y:2011:i:21:p:2641-2656
Journal Field
General
Author Count
2
Added to Database
2026-01-29