Consumer Surplus Estimates and the Source of Regression Error

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dc.creatorBeatty, Timothy K.M.
dc.creatorBrozovic, Nicholas
dc.creatorWard, Michael B.
dc.date2017-04-01T17:59:39Z
dc.date.accessioned2026-07-09T03:27:59Z
dc.descriptionContrary to widely held belief, we show that the source of regression error does not matter when calculating Marshallian surplus. A misspecified demand curve, not the assumed source of regression error, leads to differences in estimates of consumer surplus.
dc.identifierdoi:10.22004/ag.econ.19477
dc.identifierhttps://ageconsearch.umn.edu/record/19477/files/sp05be04.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/19477
dc.identifier.urihttp://hdl.handle.net/123456789/533007
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/19477
dc.titleConsumer Surplus Estimates and the Source of Regression Error
dc.typeText

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University of Minnesota