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Empirical models of demand for - and, often, supply of - differentiated products are widely used in practice, typically employing parametric functional forms and distributions of consumer heterogeneity. We re view some recent work studying identification in a broad class of such models. This...
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A recent literature considers the identification of heterogeneous demand and supply models via "quasi-experimental'' variation, as from instrumental variables. In this paper we establish nonparametric identification of differentiated products demand when one has "micro data'' linking...
Persistent link: https://www.econbiz.de/10014094464
Empirical models of differentiated products demand (and often supply) are widely used in industrial organization and other fields of economics. We review some recent work studying identification in a broad class of such models. This work shows that the parametric functional forms and...
Persistent link: https://www.econbiz.de/10014124299
Empirical models of demand for–and, often, supply of–differentiated products are widely used in practice, typically employing parametric functional forms and distributions of consumer heterogeneity. We review some recent work studying identification in a broad class of such models. This work...
Persistent link: https://www.econbiz.de/10013016658
Empirical models of demand for -- and, often, supply of -- differentiated products are widely used in practice, typically employing parametric functional forms and distributions of consumer heterogeneity. We review some recent work studying identification in a broad class of such models. This...
Persistent link: https://www.econbiz.de/10013017351