The additive structure of utility in discrete choice models
Article Abstract:
A study evaluates a generalized discrete choice model with varying distributed utilities in spatial economics. Additive random utility characteristic of the model is shown by generating choice probabilities using distribution and additive cost. Alternatives and errors are distributed accordingly as defined by laws. Results reveal a logit model that can be generalized when defined by arbitrary laws.
Publication Name: Regional Science & Urban Economics
Subject: Social sciences
ISSN: 0166-0462
Year: 1998
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Calculating fiscal impacts where spatial effects are present
Article Abstract:
The effect of spatial variables for policy prescriptions that are based on regression models is investigated. Results indicate that spatial effects have little significant impact on fiscal crime policies or their level of confidence. While the study has some limitations, the conclusion can be reasonably derived that the findings are widely applicable for fiscal policies outside of crime.
Publication Name: Regional Science & Urban Economics
Subject: Social sciences
ISSN: 0166-0462
Year: 1992
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