Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5059738 | Economics Letters | 2012 | 4 Pages |
Abstract
⺠We provide a representative consumer theorem for sequential discrete choice models. ⺠The theorem only requires that the unobserved components must be absolutely continuous. ⺠Our result can be applied to markets with a network structure. ⺠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
Emerson Melo,