In this paper, we consider how rich sources of information on consumer choice can help to identify demand parameters in a widely used class of differentiated products demand …
In this paper, we consider how rich sources of information on consumer choice can help to identify demand parameters in a widely used class of differentiated products demand …
In this chapter, we describe how random utility maximization (RUM) discrete choice models are used to estimate the demand for commodity attributes in quality-differentiated goods …
This dissertation consists of three chapters on demand estimation using discrete and discrete/continuous choice models. In all papers I address the identification of heterogeneity …
This paper proposes an algorithm to estimate dynamic discrete choice models using aggregate market share data. The algorithm achieves a computational advantage by …
S Berry, A Pakes - International Economic Review, 2007 - Wiley Online Library
In this article, we consider a class of discrete choice models in which consumers care about a finite set of product characteristics. These models have been used extensively in the …
S DeSouza - Economics Bulletin, 2006 - accessecon.com
This paper develops a methodology to uncover consumer preferences from a discrete- choice demand model of product differentiation using plant-level data. When prices and …
We extend BLP's aggregate discrete-choice model of product differentiation to create more flexibility in the price functional form. We apply a Box-Cox specification, which relaxes the …
The study of differentiated-products markets is a central part of empirical industrial organization. Questions regarding market power, mergers, innovation, and valuation of new …