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