Browsing Department of Economics by Subject "Agricultural and natural resource economics"

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Test of Choice Set Misspecification for Discrete Models of Consumer Choice

DeShazo, J. R.; Cameron, Trudy Ann; Saenz, Manrique, 1971- (University of Oregon, Dept. of Economics, 2001-11-05)

We develop and evaluate a test of choice set misspecification for a multinomial logit choice model. This test determines whether the choice set designated by the researcher mistakenly assigns relevant substitutes to the ...