Can measured risk attitudes and associated structural models predict insurance demand? In an experiment (n = 1,730), we … parameterize seventeen common structural models (e.g., expected utility, cumulative prospect theory). Subjects also make twelve …

discrete choice models of demand compared to simpler alternatives. In 2013, Boston Public Schools (BPS) proposed alternative …. Pathak and Shi (2013) estimated discrete choice models of demand using families' historical choices and these demand models … of discrete choice models of demand in our context …

substantiates both supply and demand effects of past price trends in housing markets, particularly with respect to subprime mortgage …-loan collateral values may have affected both the demand and the supply of mortgages. Standard time series models using repeat …

account of selection on idiosyncratic demand, there are economically and statistically significant dynamics of quantities, but …-price actions (e.g. marketing and advertising), and learn gradually about their idiosyncratic demand. The model matches quantity … demand, both of which generate sluggish responses of sales to shocks …

Demand for insurance can be driven by high risk aversion or high risk. We show how to separately identify risk …

We develop an asset pricing model with flexible heterogeneity in asset demand across investors, designed to match … institutional and household holdings. A portfolio-choice model implies characteristics-based demand when returns have a factor … variables estimator for the characteristics-based demand system to address the endogeneity of demand and asset prices. Using U …