Arbeitspapier
Calibrating the AIDS and Multinomial Logit Models with Observed Product Margins
We show how observed product margins may be used in lieu of an observed market elasticity to calibrate parameters for two commonly used demand forms: the Almost Ideal Demand System (AIDS) and the multinomial logit. This technique is useful for antitrust practitioners interested in simulating the e ects of a merger, since estimates of product margins are often easier to obtain than estimates of market elasticities.
- Sprache
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Englisch
- Erschienen in
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Series: EAG Discussion Paper ; No. EAG 12-7
- Klassifikation
-
Wirtschaft
Antitrust Issues and Policies: General
Antitrust Law
- Thema
-
demand calibration
multinomial logit
almost ideal demand system
AIDS
- Ereignis
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Geistige Schöpfung
- (wer)
-
Sheu, Gloria
Taragin, Charles
- Ereignis
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Veröffentlichung
- (wer)
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U.S. Department of Justice, Antitrust Division, Economic Analysis Group (EAG)
- (wo)
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Washington, DC
- (wann)
-
2012
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:43 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Sheu, Gloria
- Taragin, Charles
- U.S. Department of Justice, Antitrust Division, Economic Analysis Group (EAG)
Entstanden
- 2012