Browsing ITLS Working Papers 2005 by subject "Willingness to pay distributions, random parameter distributions, mixed logit"
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The signs of the times: Imposing a globally signed condition on willingness to pay distributions
Published 2005-07-01A feature of recent developments in choice models that enable estimation of the distribution of willingness to pay (WTP), is that the sign of the distribution can change over the range. Behaviourally this often makes little ...Working Paper