A Practitioner's Guide to Estimation of Random‐Coefficients Logit Models of Demand

作者：Aviv Nevo · 发表于：Journal of Economics & Management Strategy · 年份：2000 · DOI：10.1111/j.1430-9134.2000.00513.x · 被引用次数：752 · 研究领域：Consumer Market Behavior and Pricing、Economics of Agriculture and Food Markets、Economic and Environmental Valuation

Estimation of demand is at the heart of many recent studies that examine questions of market power, mergers, innovation, and valuation of new brands in differentiated‐products markets. This paper focuses on one of the main methods for estimating demand for differentiated products: random‐coefficients logit models. The paper carefully discusses the latest innovations in these methods with the hope of increasing the understanding, and therefore the trust among researchers who have never used them, and reducing the difficulty of their use, thereby aiding in realizing their full potential.