Uncertainty and Learning in Pharmaceutical Demand

By Gregory S. Crawford, M. Shum. 2005

476 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Marketing

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Citations in the corpus

Panel Data Discrete Choice Models of Consumer Demand (2013, background): “Examples of structural learning models are Ecsktein, Horsky and Raban (1988), Roberts and Urban (1988), Erdem and Keane (1996), Ackerberg (2003), Crawford and Shum (2005) and Ching (2010).”
Structural Modeling in Marketing: Review and Assessment (2006, background): “Studies by Eckstein et al. (1988), Erdem and Keane (1996), Anand and Shachar (2002), Ching (2002), Ackerberg (2003), and Crawford and Shum (2003) address quality uncertainty, assuming consumers to be forward looking, taking into account how the value of information obtained through a trial purchase…”
Accuracy of simulations for stochastic dynamic models (2005, background): “Among the many examples of simulation-based estimation, let us mention Wolpin (1984), Pakes (1986), Rust (1987), Bajari, Benkard and Levin (2004), Tan (2004), and Crawford and Shum (2005).”
Usage-Based Pricing and Demand for Residential Broadband (2016, unknown): “Several additional papers (Dutz et al. 2009; Rosston et al. 2010; Greenstein and McDevitt 2011) estimate the economic value of broadband internet using plan choice data. Hitt and Tambe (2007) show that broadband adoption increases Internet usage by 1,300 minutes per month, suggesting a strong prefer”
Monotone Stochastic Choice Models: The Case of Risk and Time Preferences (2015, background): “, xT ) describes the amount of money xt ∈ R+ realized at every time period t.(16) The standard approach uses discounted utility U ω (x) = ∑ tDω(t)u(xt), with discount functions for which Dω(0) = 1 and limt→∞Dω(t) = 0 and with a parameter space Ω = R+.”
Cellular Service Demand: Biased Beliefs, Learning, and Bill Shock (2015, background): “Via mean biases, we allow for overestimation of demand, which is one of the causes of flat-rate bias documented by Lambrecht and Skiera (2006) in internet service choice.”
Convergence Properties of the Likelihood of Computed Dynamic Models (2005, unknown): “Terms of use: Documents in EconStor may be saved and copied for your personal and scholarly purposes.”
Invited Paper - Learning Models: An Assessment of Progress, Challenges, and New Developments (2011, unknown): “Deighton (1984) propose that advertising has a transformative effect whereby it alters consumer assessment of the consumption experience.”