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This paper considers the identification and estimation of hedonic models. We establish that in an additive version of the hedonic model, technology and preferences are generically identified up to affine transformations from data on demand and supply in a single hedonic market. For a very...
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Consider a bipartite network where <i>N</i> consumers choose to buy or not to buy <i>M</i> different products. This paper considers the properties of the logistic regression of the <i>N</i> × <i>M</i> array of "i-buys-j" purchase decisions, <i>[Y<sub>ij</sub>]<sub>1≤i≤N,≤j≤M</sub></i>, onto known functions of consumer and product attributes...
Persistent link: https://www.econbiz.de/10012482182
Consider a bipartite network where N consumers choose to buy or not to buy M different products. This paper considers the properties of the logistic regression of the N ×M array of "i-buys-j" purchase decisions, [Yij ] 1≤i≤N,1≤j≤M, onto known functions of consumer and product attributes...
Persistent link: https://www.econbiz.de/10012295282
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across equations and AR(1) of the remainder disturbances for panel data with endogenous unobserved effects. Additionally, the … set-up allows for unequally spaced panel data and differences in the autocorrelation parameters across equations. The …
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