A Hicksian Approach to Cost-Benefit Analysis with Discrete-Choice Models
Bibliographic Data
| ID | 9726518 |
|---|---|
| Authors | Timothy Doe-Kwong Hau, Timothy D Hau (corresponding author) |
| Year | 1985 |
| Volume | 52 |
| Issue | 208 |
| Pages | 479 |
| Publication date | 1985-11-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Economica (JOURNAL) |
| Journal identifiers | ISSN: 0013-0427 • E-ISSN: 1468-0335 |
| Publisher | JSTOR (PUBLISHER) |
| DOI | 10.2307/2553880 |
| OpenAlex | W2143023645 |
| Language | EN |
| Citations received | 3 |
| References cited | 4 |
Presents a new specification of utility functions for discrete-choice models that satisfy both the homogeneity property of demand and Roy's Identity. By solving the path dependency problem inherent in Marshallian measures, this specification permits the derivation of Hicksian measures. Presents a novel technique of identifying the entire indirect utility function for transport analysis without data on the complete budget set and with data only on mode choice. -from Author
Choice set · Context (archaeology) · Discrete choice · Econometrics · Economic surplus · Economics · Independence of irrelevant alternatives · Mathematical economics · Microeconomics · Operations research · Revealed preference · Social choice theory · Valuation (finance) · Welfare · Computer Science · Economic and Environmental Valuation · Economics of Agriculture and Food Markets · Mathematics · Transportation Planning and Optimization
| Unique citing works | 3 |
|---|---|
| Citations per year | 0,3 |
| Citation span | 2016 - 2022 (7) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 3 |