Using elicited choice probabilities to estimate random utility models: Preferences for electricity reliability

International Economic Review

Volumn 51, Issue 2, 2010, Pages 421-440

  Blass, Asher A ^a   Lach, Saul ^b   Manski, Charles F ^c  

^a ERCG Ltd   (Israel)

^b HEBREW UNIVERSITY OF JERUSALEM   (Israel)

^c NORTHWESTERN UNIVERSITY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 77954128529     PISSN: 00206598     EISSN: 14682354     Source Type: Journal    
DOI: 10.1111/j.1468-2354.2010.00586.x     Document Type: Article

References (27)

1. Beenstock M, Goldin E, Haitovsky Y. Response Bias in a Conjoint Analysis of Power Outages. Energy Economics 1998, 20:135-56.
2. Beggs S, Cardell S, Hausman J. Assessing the Potential Demand for Electric Cars. Journal of Econometrics 1981, 16:1-19.
3. Ben-Akiva M, Morikawa T. Estimation of Switching Models from Revealed Preferences and Stated Intentions. Transportation Research A 1990, 24A:485-95.
4. Cai Y, Deilami I, Train K. Customer Retention in a Competitive Power Market: Analysis of a 'Double-Bounded Plus Follow-ups' Questionnaire. The Energy Journal 1998, 19:191-215.
5. Caves D, Herriges J, Windle R. Customer Demand for Service Reliability in the Electric Power Industry: A Synthesis of the Outage Cost Literature. Bulletin of Economic Research 1990, 42:79-119.
6. Delavande A. Pill, Patch, or Shot? Subjective Expectations and Birth-Control Choice. International Economic Review 2008, 49:999-1042.
7. Doane M, Hartman R, Woo C-K. Households' Perceived Value of Service Reliability: An Analysis of Contingent Valuation Data. The Energy Journal 1988, 9:135-51.
8. Fischer G, Nagin D. Random Versus Fixed Coefficient Quantal Choice Models. Structural Analysis of Discrete Data with Econometric Applications 1981, 273-304. C.Manski, and, D.McFadden, eds., Cambridge, MA, MIT Press
9. Goett A, Hudson K, Train K. Customer Choice among Retail Energy Suppliers: The Willingness-to-Pay for Service Attributes. The Energy Journal 2000, 21:1-28.
10. Horowitz J. A Smoothed Maximum Score Estimator for the Binary Response Model. Econometrica 1992, 60:505-31.
11. Juster T. Consumer Buying Intentions and Purchase Probability: An Experiment in Survey Design. Journal of the American Statistical Association 1966, 61:658-96.
12. Lawton L, Sullivan M, Van Liere K, Katz A, Eto J. A Framework and Review of Customer Outage Costs: Integration and Analysis of Electric Utility Outage Cost Surveys. 2003, http://eetd.lbl.gov/ea/EMS/EMS_pubs.html
13. Louviere J, Woodworth G. Design and Analysis of Simulated Consumer Choice or Allocation Experiments: An Approach Based on Aggregate Data. Journal of Marketing Research 1983, 20:350-67.
14. Manski C. Maximum Score Estimation of the Stochastic Utility Model of Choice. Journal of Econometrics 1975, 3:205-28.
15. Manski C. Semiparametric Analysis of Discrete Response: Asymptotic Properties of the Maximum Score Estimator. Journal of Econometrics 1985, 27:313-33.
16. Manski C. Identification of Binary Response Models. Journal of the American Statistical Association 1988, 83:729-38.
17. Manski C. The Use of Intentions Data to Predict Behavior: A Best Case Analysis. Journal of the American Statistical Association 1990, 85:934-40.
18. Manski C. Analysis of Choice Expectations in Incomplete Scenarios. Journal of Risk and Uncertainty 1999, 19:49-66.
19. Manski C. Measuring Expectations. Econometrica 2004, 72:1329-76.
20. Manski C. Partial Identification of Counterfactual Choice Probabilities. International Economic Review 2007, 48:1393-410.
21. Manski C, Molinari F. Rounding Probabilistic Expectations in Surveys. Journal of Business and Economic Statistics 2010, 28:219-31.
22. Manski C, Salomon I. The Demand for Teleshopping. Regional Science and Urban Economics 1987, 17:109-21.
23. Matzkin R. Nonparametric and Distribution-Free Estimation of the Binary Threshold-Crossing and the Binary Choice Models. Econometrica 1992, 60:239-70.
24. McFadden D. Conditional Logit Analysis of Qualitative Choice Behavior. Frontiers in Econometrics 1974, P.Zarembka, ed., New York, Academic Press
25. McFadden D, Train K. Mixed MNL Models for Discrete Response. Journal of Applied Econometrics 2000, 15:447-70.
26. Revelt D, Train K. Mixed Logit with Repeated Choices: Households' Choices of Appliance Efficiency Level. The Review of Economics and Statistics 1998, 80:647-57.
27. Woo C-K, Pupp R, Flaim T, Mango R. How Much Do Electric Customers Want to Pay for Reliability? New Evidence on an Old Controversy. Energy Systems and Policy 1991, 15:145-59.