摘要翻译:
本文介绍了特征度量(HM)方法,它是一种建立差异化产品需求模型的原始方法。利用这种方法,我们首先基于消费者可用的特征信息创建一个n维享乐空间。接下来,我们将产品分配到这个空间中,并使用距离估计弹性。我们的模型使得在单一需求系统中估计大量差异化产品成为可能。我们应用我们的模型来估计流体乳制品的零售需求。
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英文标题:
《A Hedonic Metric Approach to Estimating the Demand for Differentiated
Products: An Application to Retail Milk Demand》
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作者:
Osman Gulseven, Michael Wohlgenant
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最新提交年份:
2020
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分类信息:
一级分类:Economics 经济学
二级分类:General Economics 一般经济学
分类描述:General methodological, applied, and empirical contributions to economics.
对经济学的一般方法、应用和经验贡献。
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一级分类:Quantitative Finance 数量金融学
二级分类:Economics 经济学
分类描述:q-fin.EC is an alias for econ.GN. Economics, including micro and macro economics, international economics, theory of the firm, labor economics, and other economic topics outside finance
q-fin.ec是econ.gn的别名。经济学,包括微观和宏观经济学、国际经济学、企业理论、劳动经济学和其他金融以外的经济专题
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英文摘要:
This article introduces the Hedonic Metric (HM) approach as an original method to model the demand for differentiated products. Using this approach, initially, we create an n-dimensional hedonic space based on the characteristic information available to consumers. Next, we allocate products into this space and estimate the elasticities using distances. Our model makes it possible to estimate a large number of differentiated products in a single demand system. We applied our model to estimate the retail demand for fluid milk products.
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PDF链接:
https://arxiv.org/pdf/2003.07197