Stockton, Matthew C.; Capps Jr., Oral; Bessler, David A. - Agricultural and Applied Economics Association - AAEA - 2004
To date, mixed demand systems have been all but ignored in empirical work. A possible reason for the scarcity of such applications is that one needs to know a priori which prices and quantities are endogenous in the mixed demand system. By using a directed acyclical graph (DAG), causal...