Unobserved Product Differentiation in Discrete Choice Models: Estimating Price Elasticities and Welfare Effects
نویسندگان
چکیده
منابع مشابه
Unobserved Di¤erentiation in Discrete Choice Models
Discrete choice models used in statistical applications typically interpret an unobservable term as the interaction of unobservable horizontal di¤erentiation and idiosyncratic consumer preferences. An implicit assumption in most such models is that all choices are equally horizontally di¤erentiated from each other. This assumption is problematic in a number of recent studies that use discrete c...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2002
ISSN: 1556-5068
DOI: 10.2139/ssrn.300553