Measuring Product Diversity

This paper demonstrates the possibility of constructing a measure of product diversity using observed price and quantity data. We do this by positing a utility function, where utility depends on bilateral distance between products. We show how these unobserved parameters can be inferred from price and quantity data. These parameters are then used to construct a diversity measure satisfying the axioms developed by Weitzman for diversity in environmental contexts

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Year of publication:	2008
Authors:	Gans, Joshua S. ; Hill, Robert J.
Publisher:	[S.l.] : SSRN
Subject:	Messung \| Measurement \| Theorie \| Theory \| Produktdifferenzierung \| Product differentiation \| Produktivität \| Productivity
Description of contents:	Abstract [papers.ssrn.com]

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Extent:	1 Online-Ressource
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments February 1997 erstellt Volltext nicht verfügbar
Classification:	L15 - Information and Product Quality; Standardization and Compatibility
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014029679