Estimating Heterogeneous Consumer Preferences for Restaurants and Travel Time Using Mobile Location Data
Susan Athey,
David Blei,
Robert Donnelly,
Francisco Ruiz and
Tobias Schmidt
AEA Papers and Proceedings, 2018, vol. 108, 64-67
Abstract:
We estimate a model of consumer choices over restaurants using data from several thousand anonymous mobile phone users. Restaurants have latent characteristics (whose distribution may depend on restaurant observables) that affect consumers' mean utility as well as willingness to travel to the restaurant, while each user has distinct preferences for these latent characteristics. We analyze how consumers reallocate their demand after a restaurant closes to nearby restaurants versus more distant restaurants, comparing our predictions to actual outcomes. We also address counterfactual questions such as what type of restaurant would attract the most consumers in a given location.
JEL-codes: C44 C51 D12 L83 (search for similar items in EconPapers)
Date: 2018
Note: DOI: 10.1257/pandp.20181031
References: Add references at CitEc
Citations: View citations in EconPapers (17)
Downloads: (external link)
https://www.aeaweb.org/doi/10.1257/pandp.20181031 (application/pdf)
https://www.aeaweb.org/articles/attachments?retrie ... IneUHN5_b2paBTAhhSlQ (application/zip)
https://www.aeaweb.org/articles/attachments?retrie ... UnD2wcfkXi3QASJqyS_c (application/pdf)
https://www.aeaweb.org/articles/attachments?retrie ... dxGsQS0O-nPgQxz49oNH (application/zip)
Access to full text is restricted to AEA members and institutional subscribers.
Related works:
Working Paper: Estimating Heterogeneous Consumer Preferences for Restaurants and Travel Time Using Mobile Location Data (2018) 
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:aea:apandp:v:108:y:2018:p:64-67
Ordering information: This journal article can be ordered from
https://www.aeaweb.org/subscribe.html
Access Statistics for this article
AEA Papers and Proceedings is currently edited by William Johnson and Kelly Markel
More articles in AEA Papers and Proceedings from American Economic Association Contact information at EDIRC.
Bibliographic data for series maintained by Michael P. Albert ().