Besanko, David; Gupta, Sachin; Jain, Dipak - In: Management Science 44 (1998) 11-Part-1, pp. 1533-1547
Discrete choice models of demand have typically been estimated assuming that prices are exogenous. Since unobservable (to the researcher) product attributes, such as coupon availability, may impact consumer utility as well as price setting by firms, we treat prices as endogenous. Specifically,...