2012年8月
ON ASYMPTOTIC PROPERTIES OF THE PARAMETERS OF DIFFERENTIATED PRODUCT DEMAND AND SUPPLY SYSTEMS WHEN DEMOGRAPHICALLY CATEGORIZED PURCHASING PATTERN DATA ARE AVAILABLE
INTERNATIONAL ECONOMIC REVIEW
- ,
- 巻
- 53
- 号
- 3
- 開始ページ
- 887
- 終了ページ
- 937
- 記述言語
- 英語
- 掲載種別
- 研究論文(学術雑誌)
- DOI
- 10.1111/j.1468-2354.2012.00705.x
- 出版者・発行元
- WILEY-BLACKWELL
We derive asymptotic properties of an estimator for supply and demand models extended with additional moments relating consumer demographics to the characteristics of purchased products. We clarify the structure of a practical sampling scheme in which the extended estimator is consistent, asymptotically normal, and more efficient than the original estimator. We provide conditions guaranteeing the asymptotic theorems hold for the random coefficient logit model of demand with oligopolistic suppliers. Extensive simulation studies demonstrate significant benefits of the additional moments in estimating the random coefficient logit model.
- リンク情報
- ID情報
-
- DOI : 10.1111/j.1468-2354.2012.00705.x
- ISSN : 0020-6598
- Web of Science ID : WOS:000306806800010