Chappell, Henry W.; Guimarães, Paulo; Öztürk, Orgül … - In: Managerial and Decision Economics 32 (2011) 1, pp. 1-15
We develop and apply a method for estimating demand system parameters for versioned information goods. Our analysis uses data collected from a web-based field experiment in which prices and versions of an information good were exogenously varied. Using a maximum simulated likelihood (MSL)...