Swiss metropolitan areas are comprised of a system of communities with considerable fiscal autonomy. This study investigates how the income tax differentials across communities in an urban area affect the households` location decisions. Data from the urban agglomeration of Basel for the year 1997 is used. This unique data set contains tax information from all households that moved either within...

The economic consequence of corporate failure is enormous, especially for the stakeholders of public-held companies. Prior to a corporate failure, the firm’s financial status is frequently in distress. Consequently, finding a method to identify corporate financial distress as early as possible is clearly a matter of considerable interest to investors, creditors, auditors and other stakeholders....

In this study, the manner of private taxis drivers has been investigated for choosing passenger and destination from a fixed point. Therefore, two models called Multinomial and Nested Logit Models have been utilized. The information gained by scrolling in 2016 is the input data, which are in the format of revealed preference, acquired by the verbal interview in Vanak Square in Tehran (Iran). Ba...

Working papers are in draft form. This working paper is distributed for purposes of comment and discussion only. It may not be reproduced without permission of the copyright holder. Copies of working papers are available from the author. Abstract Previous research suggests that the random coefficients logit is a highly flexible model that overcomes the problems of the homogeneous logit by allow...

Estimation of disaggregate mode choice models to estimate the ridership share on a proposed new (or improved) intercity travel service and to identify the modes from which existing intercity travelers will be diverted to the new or upgraded service constitutes a critical part of evaluating alternative travel service proposals to alleviate intercity travel congestion. This paper develops a new h...

We explore theoretical foundations and issues in the empirical estimation of conflict technologies. Such technologies are probabilistic choice functions that depend on the military capacities of adversaries, where the military capacities themselves depend on economic inputs via ordinary production functions. Different classes of functional forms can be derived stochastically or axiomatically. T...

This study focused to identify the likelihood factors affecting on farmers’ higher gain from paddy marketing in the North Central Province of Sri Lanka, where the main paddy cultivation area of the country. The required data was drawn from the field survey carried out in three irrigation systems covering 257 farmers during July to August 2010. The empirical logit model was used to assess factor...

D choice models of aggregate demand, such as the random coefficients logit, can handle large differentiated products categories parsimoniously while still providing flexible substitution patterns. However, the discrete choice assumption may not be appropriate for many categories in which we expect consumers may purchase more than one unit of the selected item. We derive the aggregate demand sys...

Different instruments are relevant for different marketing objectives (category demand expansion or market share stealing). To help brand managers make informed marketing mix decisions, it is essential that marketing mix models appropriately measure the different effects of marketing instruments. Randomly Utility Maximizing (RUM) discrete choice models that have been applied to this problem mig...

The Multinomial Logit, discrete choice model of transport demand, has several restrictions when compared with the more general Multinomial Probit model. The most famous of these are that unobservable components of utilities should be mutually independent and homoskedastic. Correlation can be accommodated to a certain extent by the Hierarchical Logit model, but the problem of heteroskedasticity ...