Gandhi, Amit; Kim, Kyoo il; Petrin, Amil - National Bureau of Economic Research (NBER) - 2011
We develop an estimator for the parameters of a utility function that has interactions between the unobserved demand error and observed factors including price. We show that the Berry (1994)/Berry, Levinsohn, and Pakes (1995) inversion and contraction can still be used to recover the mean...