Bodoh-Creed, Aaron L.; Hickman, Brent R.; List, John A.; … - National Bureau of Economic Research - 2023
intensive-margin consumer demand, as well as a broad class of related adverse-selection models. Despite significant data … limitations, we are able to derive informative bounds on demand under counterfactual price changes. These bounds arise because … empirically plausible DGPs must respect the Law of Demand and the observed shift(s) in aggregate demand resulting from a known …