Article ID Journal Published Year Pages File Type
5078161 International Journal of Industrial Organization 2012 6 Pages PDF
Abstract
► I summarize an ongoing research agenda analyzing endogenous product choices. ► ACH introduce orthogonal instruments to consistently estimate price elasticities. ► CSS show endogenous quality implies “quality markups” and welfare losses. ► An inconclusive but growing empirical literature analyzes endogenous product choices. ► Extensions to multiple endogenous characteristics and dynamics would be valuable.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
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