Arbeitspapier
Nonparametric analysis of the mixed-demand model
The mixed-demand model allows for very flexible specification of what should be considered endogenous and exogenous in demand system estimation. This paper introduces a revealed preference framework to analyze the mixed-demand model. The proposed methods can be used to test whether observed data (with measurement errors) are consistent with the mixed-demand model and calculate goodness-of-fit measures. The framework is purely non-parametric in the sense that it does not require any functional form assumptions on the direct or indirect utility functions. The framework is applied to demand data for food and provides the first nonparametric empirical analysis of the mixed-demand model.
- Language
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Englisch
- Bibliographic citation
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Series: IFN Working Paper ; No. 1430
- Classification
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Wirtschaft
Consumer Economics: Theory
Consumer Economics: Empirical Analysis
- Subject
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demand systems
measurement errors
mixed-demand
non-parametric
revealed preference
- Event
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Geistige Schöpfung
- (who)
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Hjertstrand, Per
- Event
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Veröffentlichung
- (who)
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Research Institute of Industrial Economics (IFN)
- (where)
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Stockholm
- (when)
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2022
- Handle
- Last update
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10.03.2025, 11:41 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Hjertstrand, Per
- Research Institute of Industrial Economics (IFN)
Time of origin
- 2022