Estimation of Heterogeneous Preferences, with an Application to Demand for Internet Services

• Autores: Walter Beckert
• Localización: The Review of economics and statistics, ISSN 0034-6535, Vol. 87, Nº 3, 2005, págs. 495-502
• Idioma: inglés
• DOI: 10.1162/0034653054638364
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• Resumen

  • This paper presents a structural econometric framework for discrete and continuous consumer choices in which unobserved intrapersonal and interpersonal preference heterogeneity is modeled explicitly. It outlines a simulation-assisted estimation methodology applicable in this framework. This methodology is illustrated in an application to analyze data from the U.C. Berkeley Internet Demand Experiment.