Now showing items 1-2 of 2
A nested logit model of vehicle fuel efficiency and make-model choice
(Lincoln University. Commerce Division., 1996-09)
Using data from a 1989 household survey of new vehicle buyers, this paper develops and estimates a nested logit model of new vehicle demands where the make-models in the lower nest are partitioned by their fuel efficiencies ...
A portfolio choice model of the demand for recreational trips
(Lincoln University. Commerce Division., 1996-07)
This study extends previous recreational demand research by defining an annual portfolio of recreational trips as the elemental alternative. There are three distinct advantages to this approach. First, identifying an ...