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- W1607755785 abstract "This paper develops a semiparametric method for estimating the nonrandom part V(.) of a random utility function U(v, omega) - V(v) + e(omega) from data on discrete choice behavior. Here v and omega are, respectively, vectors of observable and unobservable attributes of an alternative, and e(omega) is the random part of the utility for that alternative. The method is semiparametric because it assumes that the distribution of the random parts is know up to a finite-dimensional parameter theta, while not requiring specification of a parametric form for V( ). The nonstochastic part V( ) of the utility function U( ) is assumed to be Lipschitzian and to possess a set of properties, typically assumed for utility functions. The estimator of the pair (V,theta) is shown to be strongly consistent." @default.
- W1607755785 created "2016-06-24" @default.
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- W1607755785 date "1987-04-01" @default.
- W1607755785 modified "2023-09-27" @default.
- W1607755785 title "Semiparametric Estimation of Monotonic and Concave Utility Functions: The Discrete Choice Case" @default.
- W1607755785 cites W1540146839 @default.
- W1607755785 hasPublicationYear "1987" @default.
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