Recent Progress on Endogeneity in Choice Modeling

Louviere, Jordan; Train, Kenneth; Ben-Akiva, Moshe; Bhat, Chandra; Brownstone, David; Cameron, Trudy; Carson, Richard; Deshazo, J.; Fiebig, Denzil; Greene, William; Hensher, David; Waldman, Donald
December 2005
Marketing Letters;Dec2005, Vol. 16 Issue 3/4, p255
Academic Journal
We describe recent progress in several areas related to endogeneity, including: choice set formation and attention to attributes; interactions among decision-makers; respondents' strategic behavior in answering stated preference choices; models of multiple discrete/continuous choice; distributions of willingness-to-pay; and methods for handling traditionally endogenous explanatory variables.


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