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RANDOM UTILITY MODELLING AND LABOUR SUPPLY MOBILITY ANALYSIS
Author(s) -
Maier Gunther,
Fischer Manfred M.
Publication year - 1985
Publication title -
papers in regional science
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.937
H-Index - 64
eISSN - 1435-5957
pISSN - 1056-8190
DOI - 10.1111/j.1435-5597.1985.tb00912.x
Subject(s) - discrete choice , context (archaeology) , labour supply , point (geometry) , economics , microeconomics , econometrics , mathematics , geography , geometry , archaeology
This paper attempts to elaborate the theory of random utility maximizing discrete choice behaviour in the context of regional labour supply mobility. From a choice theoretic point of view, regional labour supply is considered as the result of a series of decisions. Assuming different probability choice structures underlying the complete residential location‐employment status‐workplace location choice problem, four different regional labour supply random utility based discrete choice models are derived and discussed in some detail.