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

被引：47

作者：

von Haefen, Roger H. ^{[1
]}

Phaneuf, Daniel J. ^{[1
]}

机构：

[1] N Carolina State Univ, Raleigh, NC 27695 USA

来源：

JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT | 2008年 / 56卷 / 01期

关键词：

discrete choice models; non-market valuation; endogeneity;

D O I：

10.1016/j.jeem.2008.01.002

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

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. (C) 2008 Elsevier Inc. All rights reserved.

引用

页码：19 / 32

页数：14

共 45 条

[21] The demand analysis of bike-and-ride in rail transit stations based on revealed and stated preference survey
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