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It is straightforward to modify Propositions 2-4 to show that the discount function ρ(t) and the utility functions uj(x, ι) are also identified for this more general model. Discussion Propositions 2-4 clearly indicate the variation in the data that is needed to identify the discount ...
2012). In particular, the literature highlights the preference of consumers for traditionally known brands and private labels, both with an increasing information value and reassuring features for the consumer. Price Price clearly emerges as a “particular” attribute as stated by the literature, with...
Thus, one of the main challenges that started to develop for large and medium-sized cities is the evolution of mobility towards more sustainable models [3], based on establishing the compact city as the urban model, as its morphology allows for better efficiency and urban liveability. The ...
From a methodological standpoint, the evolution of the modeling related to consumer choice allows us to solve some problems as of today, related mainly to the random component inside the model. The experiment reported here shows that taking into account the true sample structure, consisting of ...