Cotterill, Ronald W.; Putsis Jr., William P.; Dhar, Ravi - Zwick Center for Food and Resource Policy, Department … - 1999
determinants of both demand and strategic pricing decisions by firms. Consequently, we estimate a simultaneous system of share and … unilateral demand elasticity measures the pure own demand response, while the residual (or total) elasticity also captures the … flexible, non-linear demand specification, the Linear Approximate Almost Ideal Demand System (LA/AIDS, Deaton and Muellbauer …