This paper discusses the calculation of compensated choice probabilities in random utility models. The methodology of Compensating Variation and Compensated Choice Probability was developed recently
by Dagsvik and Karlström (2005). In this paper we demonstrate howone can apply this methodology in practice. In particular, we compute compensated labor supply probabilities and Slutsky elasticities in
a particular discrete labor supply model
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Università degli studi 'La Sapienza' [Roma] : Dipartimento di Diritto ed Economia delle Attività Produttive - DEAP : Biblioteca Via del Castro Laurenziano, 9 00161 - Roma