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タイトル
  • en A Representative Consumer Framework for Discrete Choice Models with Endogenous Total Demand
作成者
    • en KIDOKORO, Yukihiro
主題
  • Other Discrete choice
  • Other representative consumer
  • Other endogenous demand
  • Other logit model
  • Other generalized extreme value model
内容注記
  • Other https://www.grips.ac.jp/list/jp/facultyinfo/kidokoro_yukihiro/
  • Abstract Standard discrete choice models correspond to 'partial' utility maximization in which the controlled total is determined exogenously; typically, consumers are assumed to demand at most one unit. The purpose of this paper is to formulate a model in which discrete choice models are incorporated consistently into the full utility maximization framework and to establish a theoretical foundation for discrete choice models that assume no a priori controlled total. We derive the form of the corresponding indirect utility function of a representative consumer and the own-price and cross-price elasticities, and develop a method for measuring welfare, clarifying their implications.
  • Other JEL Classification Codes: D11, D61
  • Other 経済学 / Economics
出版者 en GRIPS Policy Research Center
日付
    Issued2007-10-01
言語
  • eng
資源タイプ technical report
出版タイプ AM
資源識別子 DOI https://doi.org/10.24545/00000977 , URI https://grips.repo.nii.ac.jp/records/977
ID
  • JaLC 10.24545/00000977
関連
  • isIdenticalTo URI https://ideas.repec.org/p/ngi/dpaper/07-07.html https://ideas.repec.org/p/ngi/dpaper/07-07.html
収録誌情報
  • en GRIPS Discussion Papers
  • 巻DP07-07
ファイル
コンテンツ更新日時 2023-11-23