Structural applications of the discrete choice model

被引:37
作者
Dubé, JP
Chintagunta, P
Petrin, A
Bronnenberg, B
Goettler, R
Seetharaman, PB
Sudhir, K
Thomadsen, R
Zhao, Y
机构
[1] Univ Chicago, Grad Sch Business, Chicago, IL 60637 USA
[2] Univ Calif Los Angeles, Anderson Sch, Los Angeles, CA USA
[3] Carnegie Mellon Univ, Sch Ind Adm, Pittsburgh, PA 15213 USA
[4] Washington Univ, John M Olin Sch Business, St Louis, MO 63130 USA
[5] Yale Univ, SOM, New Haven, CT 06520 USA
[6] Columbia Univ, Grad Sch Business, New York, NY 10027 USA
[7] Hong Kong Univ Sci & Technol, Hong Kong, Hong Kong, Peoples R China
关键词
structural modeling; firm conduct; policy simulation; consumer welfare;
D O I
10.1023/A:1020266620866
中图分类号
F [经济];
学科分类号
02 ;
摘要
A growing body of empirical literature uses structurally-derived economic models to study the nature of competition and to measure explicitly the economic impact of strategic policies. While several approaches have been proposed, the discrete choice demand system has experienced wide usage. The heterogeneous, or "mixed", logit in particular has been widely applied due to its parsimonious structure and its ability to capture flexibly substitution patterns for a large number of differentiated products. We outline the derivation of the heterogeneous logit demand system. We then present a number of applications of such models to various data sources. Finally, we conclude with a discussion of directions for future research in this area.
引用
收藏
页码:207 / 220
页数:14
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