Investigation of household private car ownership considering interdependent consumer preference
نویسندگان
چکیده
منابع مشابه
Probit Model Estimation Revisited: Trinomial Models of Household Car Ownership
In this paper we revisit various important issues relating to practical estimation of the multinomial probit model, using an empirical analysis of car ownership as a test case. To provide context, a brief literature review of empirical probit studies is included. Estimates are obtained for a full range of model specifications, including models with random (uncorrelated and correlated) taste var...
متن کاملModeling Interdependent Consumer Preferences
An individual's preference for an offering can be influenced by the preferences of others in many ways, ranging from the influence of social identification and inclusion, to the benefits of network externalities. In this paper, we introduce a Bayesian autoregressive discrete choice model to study the preference interdependence among individual consumers. The autoregressive specification can ref...
متن کاملThe Impacts of the Mass Rapid Transit System on Household Car Ownership in Taipei
This paper investigates the impacts of Taipei Mass Rapid Transit (MRT) system on household car ownership and analyses how socioeconomic characteristics affect household car ownership. We employ a difference-in-difference (DID) strategy integrated with generalized Poisson regression models to examine the effects of MRT. The results are as follows: first, the establishment of Taipei MRT significa...
متن کاملState versus Private Ownership
Private ownership should generally be preferred to public ownership when the incentives to innovate and to contain costs must be strong. In essence, this is the case for capitalism over socialism, explaining the "dynamic vitality" of free enterprise. The great economists of the 1930s and 1940s failed to see the dangers of socialism in part because they focused on the role of prices under social...
متن کاملPrivate ownership of public heritage
In 2003, the world celebrated the fiftieth anniversary of the elucidation of the structure of DNA and, thus, the birth of molecular biology. As this period is now a part of human history, original documents from the founders of molecular biology are becoming increasingly important to scholars, and are being harshly fought over by public libraries and private collectors. Private correspondence, ...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: PLOS ONE
سال: 2019
ISSN: 1932-6203
DOI: 10.1371/journal.pone.0219212