5 papers · 1 filter
Empirical Welfare Analysis with Hedonic Budget Constraints
Debopam Bhattacharya, Ekaterina Oparina, Qianya Xu
We analyze demand settings where heterogeneous consumers maximize utility for product attributes subject to a nonlinear budget constraint. We develop nonparametric methods for welf…
Incorporating Social Welfare in Program-Evaluation and Treatment Choice
Debopam Bhattacharya, Tatiana Komarova
The econometric literature on treatment-effects typically takes functionals of outcome-distributions as `social welfare' and ignores program-impacts on unobserved utilities. We sho…
Demand and Welfare Analysis in Discrete Choice Models with Social Interactions
Debopam Bhattacharya, Pascaline Dupas, Shin Kanaya
Many real-life settings of consumer-choice involve social interactions, causing targeted policies to have spillover-effects. This paper develops novel empirical tools for analyzing…
Integrability and Identification in Multinomial Choice Models
Debopam Bhattacharya
McFadden's random-utility model of multinomial choice has long been the workhorse of applied research. We establish shape-restrictions under which multinomial choice-probability fu…
The Empirical Content of Binary Choice Models
Debopam Bhattacharya
An important goal of empirical demand analysis is choice and welfare prediction on counterfactual budget sets arising from potential policy-interventions. Such predictions are more…