Limit Theorems for Estimating the Parameters of Differentiated Product Demand Systems
نویسندگان
چکیده
منابع مشابه
Limit Theorems for Estimating the Parameters of Differentiated Product Demand Systems∗
We provide an asymptotic distribution theory for a class of Generalized Method of Moments estimators that arise in the study of differentiated product markets when the number of observations is associated with the number of products within a given market. We allow for three sources of error: the sampling error in estimating market shares, the simulation error in approximating the shares predict...
متن کاملLimited Theorems for Estimating the Parameters of Differentiated Product Demand Systems
We provide an asymptotic distribution theory for a class of Generalized Method of Moments estimators that arise in the study of differentiated product markets when the number of observations is associated with the number of products within a given market. We allow for three sources of error: the sampling error in estimating market shares, the simulation error in approximating the shares predict...
متن کامل“the effect of risk aversion on the demand for life insurance: the case of iranian life insurance market”
abstract: about 60% of total premium of insurance industry is pertained?to life policies in the world; while the life insurance total premium in iran is less than 6% of total premium in insurance industry in 2008 (sigma, no 3/2009). among the reasons that discourage the life insurance industry is the problem of adverse selection. adverse selection theory describes a situation where the inf...
15 صفحه اولCentral Limit Theorems for Additive Tree Parameters
We call a tree parameter additive if it can be determined recursively as the sum of the parameter values of all branches, plus a certain toll function. In this paper, we prove central limit theorems for very general toll functions, provided that they are bounded and small on average. Simply generated families of trees are considered as well as Pólya trees, recursive trees and binary search tree...
متن کاملLimit Theorems for Hyperbolic Systems
One of the major discoveries of the 20th century mathematics is the possibility of random behavior of deterministic systems. There is a hierarchy of chaotic properties for a dynamical systems but one of the strongest is when the smooth observables satisfy the same limit theorems as independent (or Markov related) random variables. In my lectures I will discuss how to prove limit theorems for hy...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Review of Economic Studies
سال: 2004
ISSN: 0034-6527,1467-937X
DOI: 10.1111/j.1467-937x.2004.00298.x