Unobserved Product Differentiation in Discrete Choice Models: Estimating Price Elasticities and Welfare Effects

By Daniel A. Ackerberg, Marc Rysman. 2002

218 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Marketing, Visual Arts and Performing Arts

View Paper: https://www.semanticscholar.org/paper/3683d67effc932225d5d11b5ea15c55558c83025

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

1. Liran Einav
2. Peter C. Reiss
3. F. Wolak
4. Charles C. Moul
5. Mirva Peltoniemi
6. Harikesh S. Nair
7. Jonathan Zinman

In Marketing

1. Liran Einav
2. Peter C. Reiss
3. F. Wolak
4. Mirva Peltoniemi
5. Harikesh S. Nair
6. Charles C. Moul
7. Philipp Schmidt-Dengler
8. Martin Pesendorfer

In Visual Arts and Performing Arts

1. Liran Einav
2. Charles C. Moul
3. Mirva Peltoniemi
4. Harikesh S. Nair

Citations in the corpus

• Consumer Learning and Heterogeneity: Dynamics of Demand for Prescription Drugs after Patent Expiration (2010, unknown): “(15) This approach is similar to Ackerberg and Rysman[1].”
• Estimating Housing Demand With an Application to Explaining Racial Segregation in Cities (2005, unknown): “First, the recent literature on estimating discrete choice models has emphasized that price elasticities tend to be biased toward 0 if the economist fails to account for ξj, product characteristics observed by the consumer but not by the economist (see, e.g., Berry 1994; Berry et al. 1995; Petrin 20”
• A Dynamic Oligopoly Structural Model for the Prescription Drug Market After Patent Expiration (2010, unknown): “As pointed out in Berry and Pakes[8] and Ackerberg and Rysman[2], the i.”
• Seasonality in the U.S. motion picture industry (2007, background): “Ackerberg and Rysman (2005) discuss this restriction and suggest including the logarithm of the number of products as an additional explanatory variable.”
• Structural Econometric Modeling: Rationales and Examples from Industrial Organization (2004, background): “22 For example, Ackerberg and Rysman (2005), Bajari and Benkard (2001), and Bajari and Benkard (2005).”
• Affirmative Action in Higher Education: How do Admission and Financial Aid Rules Affect Future Earnings? (2005, unknown): “ln(Wijkt) = γ1k + γ2kAi + γ3kAj + γ4kXwi + git + it (1)”
• Discrete Choice Models with Multiple Unobserved Choice Characteristics (2007, unknown): “Such settings have been the motivation for BLP and literature that follows them (e.g., Nevo, 2000, 2001; Petrin, 2003; Ackerberg and Rysman, 2002; Bajari and Benkard, 2003).”