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To analyze U.S. consumers' brand choices for cheese purchases, we derive a set of discrete-choice models from dynamic utility maximization. ACNielsen Homescan Survey data on U.S. households is used to estimate a dynamic probit model for each of the top brands for cheddar, shredded, and sliced...
Persistent link: https://www.econbiz.de/10009394123
Empirical applications of testing oligopoly power in different industries are based on the 'new empirical industrial organization' (NEIO) approach. Parallel to this approach, theoretical and empirical applications to testing oligopoly power in international trade have also emerged. A shortcoming...
Persistent link: https://www.econbiz.de/10009228203
To analyze U.S. consumers' brand choices for cheese purchases, we derive a set of discrete-choice models from dynamic utility maximization. ACNielsen Homescan Survey data on U.S. households is used to estimate a dynamic probit model for each of the top brands for cheddar, shredded, and sliced...
Persistent link: https://www.econbiz.de/10009429467
The objective of this article is to measure the degree of competition among retail stores to sell a specific brand of a product. For this purpose, we estimate brand-specific demand equations along with first order conditions from stores' profit maximization. In stores' profit maximization, we...
Persistent link: https://www.econbiz.de/10005579476
To analyze U.S. consumers' brand choices for cheese purchases, we derive a set of discrete-choice models from dynamic utility maximization. ACNielsen Homescan Survey data on U.S. households is used to estimate a dynamic probit model for each of the top brands for cheddar, shredded, and sliced...
Persistent link: https://www.econbiz.de/10005202259
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