Arbeitspapier

Consumer Demand with Unobservable Product Attributes - Part I: Theory

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.

Sprache
Englisch

Erschienen in
Series: Discussion Papers ; No. 166

Klassifikation
Wirtschaft
Single Equation Models; Single Variables: Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions; Probabilities
Index Numbers and Aggregation; Leading indicators
Consumer Economics: Theory
Thema
Price distribution
differentiated products
quality attributes
hedonic price indexes.

Ereignis
Geistige Schöpfung
(wer)
Dagsvik, John K.
Ereignis
Veröffentlichung
(wer)
Statistics Norway, Research Department
(wo)
Oslo
(wann)
1996

Handle
Letzte Aktualisierung
03.07.0003, 12:58 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Dagsvik, John K.
  • Statistics Norway, Research Department

Entstanden

  • 1996

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