Abstract We study the importance of social interactions on occupational choice in Victorian London using a multinomial model within an incomplete network. Individuals form heterogeneous rational expectations about their peers' behaviors, taking into account characteristics and strength ties. show conditions under which endogenous, exogenous, correlated effects can be identified unique equilibri...

We briefly review and discuss traditional conjoint analysis (CA) and discrete choice experiments (DCEs), widely used stated preference elicitation methods in several disciplines. We pay particular attention to the origins and basis of CA, and show that it is generally inconsistent with economic demand theory, and is subject to several logical inconsistencies that make it unsuitable for use in a...

While winner-take-all crowdsourcing contests are wide spread in practice, several researchers have observed that their social welfare can be poor due to effort exerted by contestants who are never rewarded. In this paper we study the problem of efficiency in winnertake-all crowdsourcing contests. Using a discrete choice model to capture contestants’ production qualities, we introduce a mechanis...

We determine market segments by clustering households on the basis of their average choice elasticities across purchases and brands w.r.t. price, sales promotion and brand loyalty. The cluster analysis technique used is a maximum likelihood method which allows varying size and orientation and assumes constant volume. Elasticities originate from choice models with alternatively linear and nonlin...

In Tokyo, as residential areas exist in the urban areas and are composed of areas owned by individual land owners, basically spatial changes are brought by redevelopments of each sites conducted by individual circumstances and motivations. Continuous redevelopments and spatial changes can be found dispersedly in areas. Once the spatial change in a certain site occurred in an area as a building,...

Public preferences for environmental policies often vary among individual citizens according to their socio-economic characteristics and attitudes toward environmental programs. Most researchers account for socio-economic characteristics when conducting public preference surveys, but do not account for differences in preferences that transcend socio-economic categories. Identifying the public’s...

We consider the problem of testing for differences among a number of discrete distributions. Our approach is based on viewing the different samples as drawn from a mixture distribution where each mixture component represents a different group or cluster. We adapt the methodology of Dasgupta and Raftery (1998) to this problem, giving explicit details in the case of multinomial and first-order Ma...

Econometric discrete choice analysis is an essential component of studying individual choice behavior. In this chapter, we provide an overview of the motivation for, and structure of, advanced discrete choice models derived from random-utility maximization. 2 Handbook of Transport I: Transport Modeling