The Computation of Opportunity Costs in Polychotomous Choice Models with Selectivity

1995 ◽  
Vol 77 (3) ◽  
pp. 423 ◽  
Author(s):  
Lung-fei Lee
Keyword(s):  
Choice Models ◽  
Opportunity Costs ◽  
Polychotomous Choice

Nonparametric identification and estimation of polychotomous choice models

1993 ◽  
Vol 58 (1-2) ◽  
pp. 137-168 ◽  
Author(s):  
Rosa L. Matzkin
Keyword(s):  
Choice Models ◽  
Nonparametric Identification ◽  
Polychotomous Choice

Semiparametric Estimation of Monotone and Concave Utility Functions for Polychotomous Choice Models

Econometrica ◽  
1991 ◽  
Vol 59 (5) ◽  
pp. 1315 ◽  
Author(s):  
Rosa L. Matzkin
Keyword(s):  
Semiparametric Estimation ◽  
Choice Models ◽  
Utility Functions ◽  
Polychotomous Choice

Opportunity costs of drug prohibition

Addiction ◽  
1997 ◽  
Vol 92 (9) ◽  
pp. 1179-1182
Author(s):  
Robert S. Gable
Keyword(s):  
Opportunity Costs ◽  
Drug Prohibition

Choice Models of Behavioral Direction Versus Models of Behavioral Intensity

1991 ◽  
Author(s):  
Mary E. McLaughlin
Keyword(s):  
Choice Models

The role of opportunity costs in future-biased choices

2011 ◽  
Author(s):  
Suzanne Shu
Keyword(s):  
Opportunity Costs

Theoretical, methodological and practical issues of choice models

2018 ◽  
Vol 1 (1) ◽  
pp. 21-37
Author(s):  
Bharat P. Bhatta
Keyword(s):  
Discrete Choice ◽  
Model Building ◽  
Estimation Method ◽  
Choice Models ◽  
Discrete Choice Models ◽  
Decision Makers ◽  
Model Formulation ◽  
Random Utility Maximization ◽  
The Relationship ◽  
Method Model

This paper analyzes and synthesizes the fundamentals of discrete choice models. This paper alsodiscusses the basic concept and theory underlying the econometrics of discrete choice, specific choicemodels, estimation method, model building and tests, and applications of discrete choice models. Thiswork highlights the relationship between economic theory and discrete choice models: how economictheory contributes to choice modeling and vice versa. Keywords: Discrete choice models; Random utility maximization; Decision makers; Utility function;Model formulation

Population Control (Review Article)

1961 ◽  
Vol 1 (3) ◽  
pp. 89-98
Author(s):  
Karol J. Krotki
Keyword(s):  
Population Control ◽  
Review Article ◽  
Small Enterprise ◽  
Opportunity Costs ◽  
Relative Importance ◽  
Factual Information ◽  
Undue Influence ◽  
Clear Cut ◽  
Economic Considerations

Discussions about the role of small enterprise in economic development tend to remain inconclusive partly because of the difficulty of assessing the relative importance of economic and non-economic objectives and partly because of the dearth of factual information on which to base an economic calculus. It is probably true, moreover, that, because of a lack of general agreement as to the economic case for or against small enterprise, non-economic considerations, including some merely romantic attitudes toward smallness and bigness, tend to exert an undue influence on public policies. There may, of course, be no clear-cut economic case. And noneconomic considerations should and will inevitably weigh significantly in policy decisions. If, however, some of the economic questions could be settled by more and better knowledge, these decisions could more accurately reflect the opportunity costs of pursuing non-economic objectives.

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