Which demand systems can be generated by discrete choice?

We provide a simple necessary and sufficient condition for when a multiproduct demand system can be generated from a discrete choice model with unit demands.

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Year of publication:	2015-04
Authors:	Armstrong, Mark ; Vickers, John
Institutions:	Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München
Subject:	Discrete choice \| unit demand \| multiproduct demand functions \| demand theory

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Extent:	application/pdf
Series:	MPRA Paper.
Type of publication:	Book / Working Paper
Classification:	D0 - Microeconomics. General ; D11 - Consumer Economics: Theory ; L0 - Industrial Organization. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011240207