Mehta, Nitin; Xinlei (Jack) Chen; Narasimhan, Om - In: Marketing Science 29 (2010) 3, pp. 422-437
study purchase behavior have often found that the quantity elasticities are around -1, regardless of the brand or category …” quantity elasticities as possible. We do this by (i) analytically demonstrating how assumptions on the distribution of the … brand-specific econometrician's errors imply certain restrictions that in turn force quantity elasticities to -1, (ii …