Fosgerau, Mogens and Nielsen, Søren Feodor (2007): Deconvoluting preferences and errors: a model for binomial panel data.
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Abstract
Let U be an unobserved random variable with compact support and let e_t be unobserved i.i.d. random errors also with compact support. Observe the random variables V_t, X_t, and Y_t = 1{U +d X_t+e_t < V_t}, t <= T, where d is an unknown parameter. This type of model is relevant for many stated choice experiments. It is shown that under weak assumptions on the support of U +e_t, the distributions of U and e_t as well as the unknown parameter d can be consistently estimated using a sieved maximum likelihood estimation procedure. The model is applied to simulated data and to actual data designed for assessing the willingnesstopay for travel time savings.
Item Type:  MPRA Paper 

Institution:  Technical University of Denmark 
Original Title:  Deconvoluting preferences and errors: a model for binomial panel data 
Language:  English 
Keywords:  seminonparametric; nonparametric; method of sieves; binomial panel; willingnesstopay; value of time 
Subjects:  C  Mathematical and Quantitative Methods > C2  Single Equation Models ; Single Variables > C23  Panel Data Models ; Spatiotemporal Models R  Urban, Rural, Regional, Real Estate, and Transportation Economics > R4  Transportation Economics > R41  Transportation: Demand, Supply, and Congestion ; Travel Time ; Safety and Accidents ; Transportation Noise D  Microeconomics > D1  Household Behavior and Family Economics > D12  Consumer Economics: Empirical Analysis C  Mathematical and Quantitative Methods > C1  Econometric and Statistical Methods and Methodology: General > C14  Semiparametric and Nonparametric Methods: General Q  Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q5  Environmental Economics > Q51  Valuation of Environmental Effects C  Mathematical and Quantitative Methods > C2  Single Equation Models ; Single Variables > C25  Discrete Regression and Qualitative Choice Models ; Discrete Regressors ; Proportions ; Probabilities 
Item ID:  3950 
Depositing User:  Mogens Fosgerau 
Date Deposited:  09. Jul 2007 
Last Modified:  15. Feb 2013 22:59 
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URI:  https://mpra.ub.unimuenchen.de/id/eprint/3950 
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