We propose a method for augmenting conventional demand estimation methods with crowdsourced data on products' locations in product space. In addition to the usual data on …
JF Thisse, P Ushchev - … School of Economics Research Paper No …, 2016 - papers.ssrn.com
We show that a wide class of demand systems for differentiated products, such as those generated by additive preferences, indirectly additive preferences, and Kimball-like …
EG Weyl, M Fabinger - Available at SSRN 1851326, 2011 - papers.ssrn.com
We show the equivalence of several parameters of monopoly theory typically considered distinct. In a general (residual) monopoly model we show that the pass-through rate at which …
J Monardo - Available at SSRN 4681913, 2024 - papers.ssrn.com
Applied researchers commonly use discrete choice utility. In this paper, I use convex analysis, properties of homothetic functions, and ordinary first-order differential equations to …
We introduce a new model of stochastic choice. The model assigns each choice option a utility, along with a salience parameter reflecting economic frictions involved in choice. The …
Applied researchers commonly use the quasi-linear utility model to study various economic questions. In this paper, I derive the restrictions on the form of the demand function implied …
Estimating the demand for differentiated products is of great empirical relevance in industrial organization and other fields of economics. It is important for understanding consumer …
T Diasakos - Available at SSRN 3973544, 2021 - papers.ssrn.com
The present study takes consumer preferences as the primitive and a most general formulation of a linear demand system as the desideratum. To investigate how the two are …
J Monardo - Essays on structural demand estimation:= Essais sur …, 2019 - zbw.eu
Estimating the demand for differentiated products is of great empirical relevance in industrial organization and other fields of economics. It is important for understanding consumer …