A computationally fast estimator for random coefficients logit demand models using aggregate data.

This article proposes a computationally fast estimator for random coefficients logit demand models using aggregate data that Berry, Levinsohn, and Pakes (; hereinafter, BLP) suggest. Our method, which we call approximate BLP (ABLP), is based on a linear approximation of market share functions. The c...

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Detalles Bibliográficos
Publicado en:RAND Journal of Economics (Wiley-Blackwell) Vol. 46; no. 1; pp. 86 - 103
Autores principales: Lee, Jinhyuk, Seo, Kyoungwon
Formato: Artículo
Publicado: Wiley-Blackwell Spring2015
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Acceso en línea:Ver este registro en EBSCOhost