Showing 1 - 4 of 4
Accurately determining the number of excess deaths caused by the COVID-19 pandemic is hard. The most important challenge is accurately estimating the counterfactual count of baseline deaths that would have occurred in its absence. This analysis used new methods to: estimate this baseline metric;...
Persistent link: https://www.econbiz.de/10012696412
We propose an approach to modeling and estimating discrete choice demand that allows for a large number of zero sale observations, rich unobserved heterogeneity, and endogenous prices. We do so by modeling small market sizes through Poisson arrivals. Each of these arriving consumers then solves...
Persistent link: https://www.econbiz.de/10012794558
This paper examines how estimates of the price elasticity of demand for beer vary with the choice of alcohol price series examined. Our most important finding is that the commonly used ACCRA price data are unlikely to reliably indicate alcohol demand elasticities--estimates obtained from this...
Persistent link: https://www.econbiz.de/10012461080
We introduce a model of oligopoly dynamic pricing where firms with limited capacity face a sales deadline. We establish conditions under which the equilibrium is unique and converges to a system of differential equations. Using unique and comprehensive pricing and bookings data for competing...
Persistent link: https://www.econbiz.de/10013362001