With the ever increasing number of opportunities, in every aspect of modem life, making choices becomes part of our daily routine. It is thus only natural that social scientists have started to study human choice behavior. Early efforts focused on modeling aggregate choice patterns of home buyers, shoppers, travelers, and others. Later studies, aiming to achieve more realistic results, have concentrated on simula ting disaggregate behavior. The most recent approach in choice research is the so-called Discrete Choice Modeling. It is a front-line area mainly in contemporary transportation,...

Choice processes appear in all spheres of society. Hitherto ruling paradigms in the modelling of choice problems have presumed a competitive general equi- librium which, however, proves insufficient for dynamic processes. This contribution aims at providing a general coherent and closed frame- work for the dynamic modelling of decision processes. It was one of my main interests to build a bridge between the pure model building concepts and their practical applications. Therefore all given examples are related to empirical work. Solution algorithms for the estimation of trend parameters as...

It is generally agreed that food, clothing and shelter are the three basic material needs of all people. A simple test for the successfulness of any economic system may therefore be the extent to which it succeeds in providing the population with these commodities. One would conjecture that in the countries that are generally considered as highly developed there would be no problems at all with their availability. And although this conjecture is to a large extent, confirmed by the evidence, it is nevertheless surprising that in western economies with the high per capita incomes housing is...

This monograph is about the multi regional input-output model used in long-run simulation. The input-output technique was originally developed for spaceless, short-term analysis of a national economy. However, its high potential as an analytical tool has resulted in an expansion of its application in various directions. Thus, we now have the inter- and mul tiregional input-output model, in which a nation is broken down into a number of interacting regions, and some applications dealing with long-range projections of input-output systems. This study attempts to integrate those two directions...

Impact analysis of economic policy is a subject which is gaining in creasing interest in both theoretical and applied economic research. Two main reasons for the growing interest can be distinguished. First, the situation of the government's finances is making it more than ever necessary to assess critically the effects of the instruments used to pursue public policy goals. Secondly, because of the economic stagnation government will be increasingly appealed to for support. Impact analysis, however, is hampered by three major problems: methodological deficiencies, lack of econometric...