Article ID Journal Published Year Pages File Type
5059738 Economics Letters 2012 4 Pages PDF
Abstract
► We provide a representative consumer theorem for sequential discrete choice models. ► The theorem only requires that the unobserved components must be absolutely continuous. ► Our result can be applied to markets with a network structure. ► A particular case of the main result is the well-known nested logit model.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
,