When valuing water resources using multiple site recreation data, it is typical to observe many corner solutions. We present as a benchmark a theoretical model of recreation choice when corners are present, and assess the degree to which several empirical specifications match the benchmark. As an illustration, we estimate and compare the repeated nested logit, a random parameters repeated neste...

We investigate whether the modern management practices and publicly reported performance measures are associated with choice of hospital for patients with acute myocardial infarction (AMI). We define and measure management practices at approximately half of US cardiac care units using a novel survey approach. A patient's choice of a hospital is modeled as a function of the hospital's performanc...

Logit Kernel is a discrete choice model that has both probit-like disturbances as well as an additive i.i.d. extreme value (or Gumbel) disturbance à la multinomial logit. The result is an intuitive, practical, and powerful model that combines the flexibility of probit (and more) with the tractability of logit. For this reason, logit kernel has been deemed the “model of the future” and is becomi...

A Federal Trade Commission survey of contact lens wearers is used to estimate a multinomial logit-least-squares model of the joint determination of provider choice and quality of care in the contact lens industry. The effect of personal and industry characteristics on a consumer's choice among three types of providers--opticians, ophthalmologists, and optometrists--is estimated via multinomial ...

This paper revisits the minimum-effort coordination game with a continuum of Paretoranked Nash equilibria. Noise is introduced via a logit probabilistic choice function. The resulting logit equilibrium distribution of decisions is unique and maximizes a stochastic potential function. In the limit as the noise vanishes, the distribution converges to an outcome that is analogous to the risk-domin...

In many countries, an athlete’s performance at sporting competitions is often used as part of the selection criteria for entry into college. These criteria could be biased depending upon the procedures utilized by the authorities in a particular country. The purpose of this study was to calibrate, by using the Rasch rating scale model, the judge-based weights associated with the different quali...