Nonparametric Welfare Analysis for Discrete Choice
نویسندگان
چکیده
منابع مشابه
Nonparametric Welfare Analysis∗
Exact consumers surplus and deadweight loss are the most widely used welfare and economic efficiency measures. These measures can be computed from demand functions in straightforward ways. Nonparametric estimation can be used to estimate the welfare measures. In doing so it seems important to account correctly for unobserved heteroeneity given the high degree of unexplained demand variation oft...
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ژورنال
عنوان ژورنال: Econometrica
سال: 2015
ISSN: 0012-9682
DOI: 10.3982/ecta12574