Best practices for differentiated products demand estimation with pyblp

C Conlon, J Gortmaker - The RAND Journal of Economics, 2020 - Wiley Online Library
Differentiated products demand systems are a workhorse for understanding the price effects
of mergers, the value of new goods, and the contribution of products to seller networks …

Preference for the workplace, investment in human capital, and gender

M Wiswall, B Zafar - The Quarterly Journal of Economics, 2018 - academic.oup.com
We use a hypothetical choice methodology to estimate preferences for workplace attributes
from a sample of high-ability undergraduates attending a highly selective university. We …

Improving the numerical performance of static and dynamic aggregate discrete choice random coefficients demand estimation

JP Dubé, JT Fox, CL Su - Econometrica, 2012 - Wiley Online Library
The widely used estimator of Berry, Levinsohn, and Pakes (1995) produces estimates of
consumer preferences from a discrete‐choice demand model with random coefficients …

Identification in differentiated products markets using market level data

ST Berry, PA Haile - Econometrica, 2014 - Wiley Online Library
We present new identification results for nonparametric models of differentiated products
markets, using only market level observables. We specify a nonparametric random utility …

How well targeted are soda taxes?

P Dubois, R Griffith, M O'Connell - American Economic Review, 2020 - aeaweb.org
Soda taxes aim to reduce excessive sugar consumption. We assess who is most impacted
by soda taxes. We estimate demand using micro longitudinal data covering on-the-go …

Improving the performance of random coefficients demand models: The role of optimal instruments

M Reynaert, F Verboven - Journal of econometrics, 2014 - Elsevier
We shed new light on the performance of Berry, Levinsohn and Pakes'(1995) GMM
estimator of the aggregate random coefficient logit model. Based on an extensive Monte …

Diffusion of renewable energy technologies: The need for policy in Colombia

M Jimenez, CJ Franco, I Dyner - Energy, 2016 - Elsevier
Although the diffusion of solar electricity has been swift worldwide, there is little certainty
regarding the adoption of this technology on rooftops, in locations where there is no specific …

Discrete choice and rational inattention: A general equivalence result

M Fosgerau, E Melo, A De Palma… - International economic …, 2020 - Wiley Online Library
This article establishes a general equivalence between discrete choice and rational
inattention models. Matějka and McKay (2015) showed that when information costs are …

The effects of banning advertising in junk food markets

P Dubois, R Griffith, M O'Connell - The Review of Economic …, 2018 - academic.oup.com
There are growing calls to restrict advertising of junk foods. Whether such a move will
improve diet quality will depend on how advertising shifts consumer demands and how firms …

[HTML][HTML] Tax design in the alcohol market

R Griffith, M O'Connell, K Smith - Journal of public economics, 2019 - Elsevier
Alcohol consumption generates negative externalities that are non-linear in the total amount
of alcohol consumed. If tastes for products are heterogeneous and correlated with marginal …