Estimating Discrete-Choice Models of Product Differentiation

By Steven T. Berry. 1994

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Citations in the corpus

Panel Data Discrete Choice Models of Consumer Demand (2013, methodology): “It has been studied extensively by Berry (1994), Berry et al (1995), Harris and Keane (1999), McFadden and Train (2000), Train (2003) and others.”
Seasonality in the U.S. motion picture industry (2007, background): “extreme value and ?it (and ?'it) has a distribution that depends on a such that a [0, 1] and the sum, ?it + (1 ? <*)?& (as well as ?}t + (1 ? oO^/o*)> is a distributed extreme value (Berry, 1994; Cardell, 1997).”
Estimating Dynamic Models of Imperfect Competition (2004, unknown): “For instance, in our dynamic oligopoly application, recovering the costs of investment, entry and exit requires the full dynamic model, but the demand and marginal cost parameters can be estimated using standard static methods (e.g., Berry, 1994; Berry, Levinsohn, and Pakes, 1995).”
An empirical model of firm entry with endogenous product-type choices (2006, methodology): “The solution of using the market-level effect ξ to account for the endogeneity of the 18 number of entrants follows the approach used by Berry (1994) and Berry, Levinsohn, and Pakes (1995) in their estimation of competition in differentiated product markets.”
Structural Econometric Modeling: Rationales and Examples from Industrial Organization (2004, background): “See also Berry and Reiss (2002). (30)See for example Borenstein (1992), Brueckner (1992), Morrison (1996), Ott (1990), and Windle (1993).”
Does Accessibility Affect Retail Prices and Competition? An Empirical Application (2011, background): “The foundation for the empirical development of these models was laid by Berry (1994), Pakes, Berry and Levinshon (1993) and Berry, Levinshon and Pakes (1995); however, more recently Ivaldi and Verboven (2005) have shown its growing usefulness in analyzing the competition policy cases.”
Estimating Market Power and Strategies: Contents (2007, unknown): “These include the residual demand model (Bresnahan), various differentiated product models (Hausman 1996, Nevo forthcoming, Berry 1994, Berry, Levinsohn, and Pakes 1995), and nonnested hypothesis tests (Gasmi, Laffont, and Vuong 1992).”
Fintech, regulatory arbitrage, and the rise of shadow banks (2018, unknown): “Setting 𝑞𝑏 = 0 plays a similar role to setting the share of outside good in demand in Berry (1994) and Berry, Levinsohn, and Pakes (1995).”
The Aggregate Productivity Effects of Internal Migration: Evidence from Indonesia (2017, unknown): “On the micro side, Bryan et al. (2014) show a 33% increase in consumption from experimentally induced seasonal migration. Neither of these results, however, is definitive: The experimental estimates apply only to seasonal migration, and to a specific part of Bangladesh. The macro estimates do not ac”
Spatial Price Competition: A Semiparametric Approach (2002, background): “For a more comprehensive discussion of these models, see Berry (1994) .”
Machine learning and AI in marketing – Connecting computing power to human insights (2020, unknown): “We call for research to both incorporate the competitive perspective commonly taken in the empirical IO literature (e.g. Berry, 1994; Berry, Levinsohn, & Pakes, 1995), and go beyond it to account for complex complementary relationships and dynamic evolutions.”
Consumer Preferences and Product-Line Pricing Strategies: An Empirical Analysis (2006, methodology): “We explicitly acknowledge the existence of attributes such as national advertising and shelf space that affect consumer utility but are unobserved by the researcher (Berry 1994, Besanko, Gupta and Jain 1998) by including the term ξlft.”
The Pure Characteristics Demand Model (2007, unknown): “For more details and an attempt to decompose movements in ξ into its components see Pakes, Berry, and Levinsohn (1993) and Song (2004).”