Discussion Papers no. 166
Part I: Theory
Consumer demand with unobservable product attributes
This paper develops a new framework for empirical modelling of consumer demand with particular reference to products that are differentiated with respect to quality and location attributes. The point of departure is a flexible representation of the distribution of product attributes and consumer tastes. From this representation and additional behavioral assumptions we derive a structural model for the distribution of the chosen product attributes and the associated quantities. Furthermore, an explicit relationship between the distribution of prices and unit values is obtained.
Om publikasjonen
- Tittel
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Consumer demand with unobservable product attributes. Part I: Theory
- Ansvarlig
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John K. Dagsvik
- Serie og -nummer
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Discussion Papers no. 166
- Utgiver
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Statistics Norway, Research Department
- Emne
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Discussion Papers
- Antall sider
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40
- Målform
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Engelsk
- Om Discussion Papers
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Discussion papers comprise research papers intended for international journals and books. A preprint of a Discussion Paper may be longer and more elaborate than a standard journal article as it may include intermediate calculations, background material etc.
Kontakt
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