CONSUMER SURPLUS FROM DISCRETE-CHOICE MODELS

被引：34

作者：

MCCONNELL, KE

机构：

[1] Department of Agricultural and Resource Economics, University of Maryland, College Park

来源：

JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT | 1995年 / 29卷 / 03期

关键词：

D O I：

10.1006/jeem.1995.1046

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

The budget-constrained random utility model (RUM) gives utility-consistent measures of welfare, but requires the length of the planning period be specified. An alternative is to treat the RUM probabilities as;behavioral and calculate consumer surplus. This paper shows that such calculations lead to the same welfare measures as RUM calculations. The paper provides support and an alternative justification for the standard welfare measured. (C) 1995 Academic Press, Inc.

引用

页码：263 / 270

页数：8

共 8 条

[1]

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[2]

Freeman A. M., 1993, MEASUREMENT ENV RESO

[3]

HANEMANN WM, 1982, 241 CAL AGR EXP STAT

[4]

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[5]

McFadden D, 1978, SPATIAL INTERACTION

[6] WHAT IS CONSUMERS-SURPLUS PER DAY OF USE, WHEN IS IT A CONSTANT INDEPENDENT OF THE NUMBER OF DAYS OF USE, AND WHAT DOES IT TELL US ABOUT CONSUMERS-SURPLUS [J].

MOREY, ER .

JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT, 1994, 26 (03) :257-270

[7]

PARSONS GR, 9401 U DEL WORK PAP

[8] APPLIED WELFARE ECONOMICS WITH DISCRETE CHOICE MODELS [J].

SMALL, KA ;

ROSEN, HS .

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