UZH-Logo

Maintenance Infos

A test of the extreme value type I assumption in the bus engine replacement model


Larsen, Bradley J; Oswald, Florian; Reich, Gregor; Wunderli, Dan (2012). A test of the extreme value type I assumption in the bus engine replacement model. Economics Letters, 116(2):213-216.

Abstract

This note tests the assumption of dynamic discrete choice models that underlying utility shocks have an extreme value type I distribution. We find that extreme value type I shocks cannot be rejected in most specifications of the Rust (1987) bus engine replacement model.

This note tests the assumption of dynamic discrete choice models that underlying utility shocks have an extreme value type I distribution. We find that extreme value type I shocks cannot be rejected in most specifications of the Rust (1987) bus engine replacement model.

Altmetrics

Downloads

30 downloads since deposited on 05 Apr 2012
15 downloads since 12 months
Detailed statistics

Additional indexing

Item Type:Journal Article, refereed, original work
Communities & Collections:03 Faculty of Economics > Department of Business Administration
03 Faculty of Economics > Department of Economics
Dewey Decimal Classification:330 Economics
Date:2012
Deposited On:05 Apr 2012 11:59
Last Modified:05 Apr 2016 15:46
Publisher:Elsevier
ISSN:0165-1765
Publisher DOI:https://doi.org/10.1016/j.econlet.2012.02.031
Permanent URL: https://doi.org/10.5167/uzh-61679

Download

[img]
Filetype: PDF - Registered users only
Size: 433kB
View at publisher
[img]
Preview
Filetype: PDF
Size: 315kB

TrendTerms

TrendTerms displays relevant terms of the abstract of this publication and related documents on a map. The terms and their relations were extracted from ZORA using word statistics. Their timelines are taken from ZORA as well. The bubble size of a term is proportional to the number of documents where the term occurs. Red, orange, yellow and green colors are used for terms that occur in the current document; red indicates high interlinkedness of a term with other terms, orange, yellow and green decreasing interlinkedness. Blue is used for terms that have a relation with the terms in this document, but occur in other documents.
You can navigate and zoom the map. Mouse-hovering a term displays its timeline, clicking it yields the associated documents.

Author Collaborations