Models of Consumer Demand for Differentiated Products

Céline Bonnet and Timothy J. Richards

No 16-741, TSE Working Papers from Toulouse School of Economics (TSE)

Abstract: Advances in available data, econometric methods, and computing power have created a revolution in demand modeling over the past two decades. Highly granular data on household choices means that we can model very specific decisions regarding purchase choices for differentiated products at the retail level. In this chapter, we review the recent methods in modeling consumer demand, and their application to problems in industrial organization and strategic marketing.

Keywords: consumer demand; discrete choice; discrete-continuous choice; shopping basket models; machine learning (search for similar items in EconPapers)
JEL-codes: D43 L13 L81 M31 (search for similar items in EconPapers)
Date: 2016-12
New Economics Papers: this item is included in nep-agr, nep-com, nep-ind and nep-mkt
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

Downloads: (external link)
http://www.tse-fr.eu/sites/default/files/TSE/docum ... /2016/wp_tse_741.pdf Full text (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:tse:wpaper:31257

Access Statistics for this paper

More papers in TSE Working Papers from Toulouse School of Economics (TSE) Contact information at EDIRC.
Bibliographic data for series maintained by ().