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Recent Progress on Endogeneity in Choice Modeling

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Abstract

We describe recent progress in several areas related to endogeneity, including: choice set formation and attention to attributes; interactions among decision-makers; respondents' strategic behavior in answering stated preference choices; models of multiple discrete/continuous choice; distributions of willingness-to-pay; and methods for handling traditionally endogenous explanatory variables.

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Correspondence to Jordan Louviere.

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Louviere, J., Train, K., Ben-Akiva, M. et al. Recent Progress on Endogeneity in Choice Modeling. Market Lett 16, 255–265 (2005). https://doi.org/10.1007/s11002-005-5890-4

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