ESTIMATION OF IMPLICIT UTILITY MODELS.

Explores the possibility of estimating demand models derived from implicit function representations of preferences. Result of the use of standard estimation methods; Proposed alternative non-standard iterative algorithm.

Bibliographic Details
Published in:European Economic Review Vol. 15; no. 3; pp. 247 - 260
Main Authors: Barnett, William A., Kopecky, Kenneth J., Sato, Ryuzo
Format: Article
Published: Elsevier B.V. Mar1981
Subjects:
Online Access:View this record in EBSCOhost
Description
Summary:Explores the possibility of estimating demand models derived from implicit function representations of preferences. Result of the use of standard estimation methods; Proposed alternative non-standard iterative algorithm.