Estimating Dynamic Discrete Choice Models of Product Differentiation: An Application to Medicare Part D with Switching Costs
This paper proposes an algorithm to estimate dynamic discrete choice models using aggregate market share data. The algorithm achieves a computational advantage by decomposing the complicated mapping between market shares and utility flows into two simpler ones. The first maps observed market shares...
محفوظ في:
المؤلفون الرئيسيون: | MILLER, Daniel P., YEO, Jungwon |
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التنسيق: | text |
اللغة: | English |
منشور في: |
Institutional Knowledge at Singapore Management University
2012
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الموضوعات: | |
الوصول للمادة أونلاين: | https://ink.library.smu.edu.sg/soe_research/1569 https://ink.library.smu.edu.sg/context/soe_research/article/2568/viewcontent/Yeo_DynamicBerry_PartDSwitching2012.pdf |
الوسوم: |
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