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Revealing additional preference heterogeneity with an extended random parameter logit model: the case of extra virgin olive oil
discrete choice model extra-vigin olive oil willingness to pay
2014/10/28
Methods that account for preference heterogeneity have received a significant amount of attention in recent literature. Most of them have focused on preference heterogeneity around the mean of the ran...
Preference heterogeneity and optimal capital income taxation
Optimal taxation Capital taxation Saving Preference heterogeneity
2014/3/18
We examine a prominent justification for capital income taxation: goods preferred by those with high ability ought to be taxed. In an environment where commodity taxes are allowed to be nonlinea...