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Andre, Paulo De Tarso Afonso De 2014-12-16T04:04:55Z 2014-12-16T04:04:55Z 10000-01-01 1983 1983 Consumer choice among durables cannot be satisfactorily accommodated by models directly derived from the conventional, deterministic model. This study proposes an axiomatic and probabilistic framework for modelling consumer choice preferences among durables in the market and discusses its theoretical properties. The related qualitative econometric model is specified, the empirically testable hypotheses implied by the proposed framework are discussed, as are the empirical properties of the measures relevant to behavior in the market for durables. For the empirical test of the model, Brazilian (state of Sao Paulo) cross-sectional household data (ENDEF survey) is used for the set of four durables: refrigerator, blender, sewing machine and television. The estimation results strongly support the theory. The implications to Brazilian (Sao Paulo) consumer behavior in the market for durables are derived and discussed. Among others, the results for Sao Paulo consumers sharply contradicts the notion that preferences for durables revealed in the market merely reproduce those of the high income consumer. Made available in DSpace on 2014-12-16T04:04:55Z (GMT). No. of bitstreams: 1 8409855.pdf: 7372742 bytes, checksum: 96f1ff7543bc0a94274197e64f0ee298 (MD5) Previous issue date: 1983 Embargo set by: Seth Robbins for item 70907 Lift date: Forever Reason: Restricted to the U of I community idenfinitely during batch ingest of legacy ETDs Restricted to the U of I community idenfinitely during batch ingest of legacy ETDs U of I Only 204 p. Thesis (Ph.D.)--University of Illinois at Urbana-Champaign, 1983. http://hdl.handle.net/2142/70741 (UMI)AAI8409855 Economics, Theory Consumer Choice Among Durables: A Random Utility Model and an Application to Brazilian Households text Economics Economics University of Illinois at Urbana-Champaign Dissertation Ph.D.