Research ArticleArticles
Changing with the Tide: Semiparametric Estimation of Preference Dynamics
Thijs Dekker, Paul Koster and Roy Brouwer
Land Economics, November 2014, 90 (4) 717-745; DOI: https://doi.org/10.3368/le.90.4.717
Thijs Dekker
Paul Koster
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In this issue
Land Economics
Vol. 90, Issue 4
1 Nov 2014
Changing with the Tide: Semiparametric Estimation of Preference Dynamics
Thijs Dekker, Paul Koster, Roy Brouwer
Land Economics Nov 2014, 90 (4) 717-745; DOI: 10.3368/le.90.4.717
Jump to section
- Article
- Abstract
- I. Introduction
- II. Empirical Approach: Contrasting the DPH and the Theory of CA
- III. Econometric Methods to Test for Preference Dynamics Over the Choice Sequence
- The SL-Test and Its Drawbacks
- The L-MNL Model
- IV. Empirical Application
- V. Results
- The L-MNL Model: Efficiency and Bias
- The L-MNL Model: SPB and DPH versus CA
- The L-MNL Model: L-MNL versus SL-Test
- VI. Conclusions
- Acknowledgments
- Appendix A: Experimental Design: Rotating and Response Frequencies
- Appendix B: Optimal Bandwidth Parameters
- Appendix C: Sensitivity Test Controlling for Preference Heterogeneity Across Respondents
- Appendix D: Results of Independent Models and the Sl-Test
- Footnotes
- References
- Figures & Data
- Info & Metrics
- References
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