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dc.contributor.authorDagsvik, John K.
dc.contributor.authorZhu, Yu
dc.contributor.authorAaberge, Rolf
dc.date.accessioned2012-02-01T10:26:13Z
dc.date.available2012-02-01T10:26:13Z
dc.date.issued1998
dc.identifier.issn1892-753x
dc.identifier.urihttp://hdl.handle.net/11250/180823
dc.description.abstractThis paper discusses a particular approach to empirical consumer demand modelling when products are differentiated and the product attributes are unobservable. In contrast to the traditional approach to this problem, see e.g. Epple (1987) and Deaton (1987, 1988), where the product variants are treated as infinitely divisible goods, the present approach assumes that the consumer is making his choice of variant from a set of discrete "packages" of attribute combinations. Subsequently, given the (discrete) choice of variants the corresponding quantities are treated as continuous choices. Thus in this approach the consumer's decision process is formulated as a discrete/continuous choice problem. The empirical analysis is based on microdata from the Sichuan province in China. We show that in this case the estimation methods work well and yield reasonable results. Keywords: Consumer demand, Differentiated products, Latent product attributesno_NO
dc.language.isoengno_NO
dc.publisherStatistics Norway, Research Departmentno_NO
dc.relation.ispartofseriesDiscussion Papers;No. 229
dc.subjectConsumer demandno_NO
dc.subjectLatent quality attributesno_NO
dc.subjectJEL classification: C31no_NO
dc.subjectJEL classification: C43no_NO
dc.subjectJEL classification: D12no_NO
dc.titleA framework for empirical modelling of consumer demand with latent quality attributesno_NO
dc.typeWorking paperno_NO
dc.subject.nsiVDP::Mathematics and natural science: 400::Mathematics: 410::Statistics: 412no_NO
dc.source.pagenumber42 s.no_NO


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