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Demand Estimation with Heterogeneous Consumers and Unobserved Product Characteristics: A Hedonic Approach

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NBER2004-02-01 更新2025-01-04 收录
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We study the identification and estimation of Gorman-Lancaster style hedonic models of demand for differentiated products for the case when one product characteristic is not observed. Our identification and estimation strategy is a two-step approach in the spirit of Rosen (1974). Relative to Rosen's

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2004-02-01
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