Hovhannisyan, Vardges; Stiegert, Kyle W. - Agricultural and Applied Economics Association - AAEA - 2011
retailers. Using data from a U.S. Midwestern state, we estimate a random coefficient logit demand model (RCL) to empirically … chain. This study contributes to the literature in the following ways. First, it generalizes the RCL demand model via Box … sectors in isolation. Several key results are obtained from the research. First, the estimate of demand “superelasticity …