Skip to Main Content
December 12, 2013
Principal and Nobel Laureate Daniel McFadden Speaks at Demand Estimation and Modelling Conference

Brattle Principal Dan McFadden recently participated in the “Demand Estimation and Modelling” Conference, which took place December 12 – 14, 2013 in Boston, MA.

This conference brought together leading researchers from around the world working on the modelling and estimation of consumer demand. Topics included consumption decisions ranging from static to dynamic models, rational to boundedly-rational, discrete to continuous and everywhere in between. The unifying theme is a microeconometric approach to demand analysis.

Dr. McFadden, who won the 2000 Nobel Prize in Economics for his research into behavioral patterns in individual decision-making, spoke on “Using Demand Analysis to Construct Confidence Interval Estimates of Social Welfare,” in which he discussed the costs associated with poor choices made in high-risk areas.

The conference was organized by the Economics Department at Boston College, the ESRC Centre for Microdata Methods and Practice (cemmap), and the ESRC Centre for the Microeconomic Analysis of Public Policy at IFS.