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Demand Estimation for Differentiated-product Markets

Matthew Shum

Chapter 1 in Econometric Models for Industrial Organization, 2017, pp 1-28 from World Scientific Publishing Co. Pte. Ltd.

Abstract: The following sections are included:Why Demand Analysis/Estimation?Review: Demand Estimation"Traditional" approach to demand estimationDiscrete-choice Approach to Modeling DemandBerry (1994) Approach to Estimate Demand in Differentiated Product MarketsMeasuring market power: Recovering markupsEstimating cost function parametersBerry, Levinsohn, and Pakes (1995): Demand Estimation Using Random-coefficients Logit ModelSimulating the integral in Eq. (1.4)ApplicationsAdditional Details: General Presentation of Random Utility ModelsBibliography

Keywords: Econometric Models; Industrial Organization; Discrete-Choice Demand Analysis; Models of Dynamic Behavior and Dynamic Games; Multiple Equilibria in Entry Games and Partial Identification; Auction Models (search for similar items in EconPapers)
Date: 2017
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