Estimating Consumer Surplus in the Censored Linear Model
研究了在删失线性模型中，直接使用TOBIT估计系数预测需求或消费者剩余的错误，并推荐了几种修正方法，通过蒙特卡洛模拟评估其表现。
The TOBIT estimator of the linear model is commonly used to control for censoring. However, when predicting either demand or consumer surplus, simply substituting the resulting coefficient estimates back into the linear functional form is incorrect. This failure stems from the non-linear impact of variations in cut-off price in an otherwise uniform population. Several techniques that recognize this potential problem are recommended. The performance of these recommended techniques is investigated with a Monte Carlo simulation.