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A Theoretical Foundation for Count Data Models
Author(s) -
Hellerstein Daniel,
Mendelsohn Robert
Publication year - 1993
Publication title -
american journal of agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.949
H-Index - 111
eISSN - 1467-8276
pISSN - 0002-9092
DOI - 10.2307/1243567
Subject(s) - count data , foundation (evidence) , econometrics , discrete choice , economics , mathematical economics , statistics , mathematics , geography , poisson distribution , archaeology
The paper develops a theoretical foundation for using count data models in travel cost analysis. Two micro models are developed: a restricted choice model and a repeated discrete choice model. We show that both models lead to identical welfare measures.