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  • Search: subject:"stochastic derivative constraints"
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MCMC 1 Sales response functions 1 model choice 1 pharma-marketing 1 simultaneous estimation 1 stochastic derivative constraints 1
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Free 1
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Book / Working Paper 1
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English 1
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Polasek, Wolfgang 1
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Rimini Centre for Economic Analysis (RCEA) 1
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Working Paper Series / Rimini Centre for Economic Analysis (RCEA) 1
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Endogeneity and Exogeneity in Sales Response Functions
Polasek, Wolfgang - Rimini Centre for Economic Analysis (RCEA) - 2010
Endogeneity and exogeneity are topics that are mainly discussed in macroeconomics. We show that sales response functions (SRF) are exposed to the same problem if we assume that the control variables in a SRF refl ect behavioral reactions of the supply side. The supply side actions are covering a...
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