In this paper, we consider how rich sources of information on consumer choice can help to identify demand parameters in a widely used class of differentiated products demand models. Most important, we show how to use "second-choice" data on automotive purchases to obtain good estimates of...

When consumers share similar preferences, additional consumers will bring forth products that confer positive "preference externalities" on others. However, if distinct groups of consumers have substantially different preferences, the groups bring forth products with more appeal to themselves...

This paper develops implications of the selection hypothesis of George L. Priest and Benjamin Klein (1984) for the relationship between trial rates and plaintiff win rates. The author finds strong evidence for the selection hypothesis in estimated relationships between trial rates and plaintiff...