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Empirical Models of Consumer Behavior / Aviv Nevo.
- Format:
- Book
- Author/Creator:
- Nevo, Aviv.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w16511.
- NBER working paper series no. w16511
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2010.
- Summary:
- Models of consumer behavior play a key role in modern empirical Industrial Organization. In this paper, I survey some of the models used in this literature. In particular, I discuss two commonly used demand systems: multi-stage budgeting approaches and discrete choice models. I motivate their use and highlight some key modeling assumptions. I next briefly discuss key issues of estimation, and conclude by summarizing some extensions.
- Notes:
- Print version record
- October 2010.
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