Daniel McFadden

A Theory of the Perturbed Consumer with General Budgets

We consider demand systems for utility-maximizing consumers facing general budget constraints whose utilities are perturbed by additive linear shifts in marginal utilities. Budgets are required to be compact but are not required to be convex. We define demand generating functions (DGF) whose subgradients with respect to these perturbations are convex hulls of the utility-maximizing demands. We ...

Convective instabilities during the solidification of an ideal ternary alloy in a mushy layer

DANIEL M. ANDERSON†, GEOFFREY B. McFADDEN, SAM R. CORIELL AND BRUCE T. MURRAY Department of Mathematical Sciences, George Mason University, Fairfax, VA 22030, USA Mathematical and Computational Sciences Division, National Institute of Standards and Technology, Gaithersburg, MD 20899, USA Metallurgy Division, National Institute of Standards and Technology, Gaithersburg, MD 20899, USA Department ...

Econometrics 240B SECOND HALF READER

Discrete Choice Methods with Simulation

Advanced information on the Bank of Sweden Prize in Economic Sciences