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In this paper, we exploit new sources of cross-sectional data to estimate a detailed product-level demand system for new passenger vehicles. We use four data sources: on the characteristics of products, on the attributes of the U.S. population of households, on the match between the first and...
Persistent link: https://www.econbiz.de/10012472324
based on whether search is all-or-nothing or sequential in nature, whether learning takes place, and whether consumers …
Persistent link: https://www.econbiz.de/10012460765