Kroft, Kory; Laliberte, Jean-William P.; Vizcaino, Rene Leal - National Bureau of Economic Research - 2021
features love-of-variety preferences and encompasses a wide range of market conduct - including both quantity and price … depend on the responsiveness of product variety to taxes and the effect of a change in product variety on consumer surplus … modest effect on the variety of products available to consumers. Using the estimated parameters, we recover consumers' love-of-variety …