Heterogeneity in dynamic discrete choice models
نویسندگان
چکیده
منابع مشابه
Heterogeneity in dynamic discrete choice models
We consider dynamic discrete choice models with heterogeneity in both the levels parameter and the state dependence parameter. We rst analyse the purchase of full fat milk using a long consumer panel (T > 100) on many households. The large T nature of the panel allows us to consistently estimate the parameters of each household separately. This analysis indicates strongly that the levels and T...
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ژورنال
عنوان ژورنال: The Econometrics Journal
سال: 2010
ISSN: 1368-4221,1368-423X
DOI: 10.1111/j.1368-423x.2009.00301.x