Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/142493 
Authors: 
Year of Publication: 
2003
Series/Report no.: 
EERI Research Paper Series No. 3/2003
Publisher: 
Economics and Econometrics Research Institute (EERI), Brussels
Abstract: 
It is usual to estimate willingness-to-pay in discrete choice models through Logit models –or their expanded versions-. Nevertheless, these models have very restrictive distributional assumptions. This paper is intended to examine the above- mentioned issue and to propose an alternative estimation using non-parametric techniques. Furthermore, this paper introduces an empirical application of willingness-to-pay for improved subway travel times in the City of Buenos Aires.
Subjects: 
Willingness-To-Pay Discrete Choice Model Semi-Parametric Econometrics
JEL: 
C2
L9
Document Type: 
Working Paper

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