We state a sufficient condition under which choice data alone suffices to identify consumer preferences when choices … additional mild restrictions, an alternative method of recovering preferences using cross derivatives of choice probabilities … recovering preferences when consumers engage in costly search …

.e., observation of the characteristics and choices of individual consumers. Our model of preferences nests random coefficients …

The widely-used estimator of Berry, Levinsohn and Pakes (1995) produces estimates of consumer preferences from a …

several unusual implications. For example, we calculate that a society of agents with the preferences and endowment process of … these features of the preferences in detail. We numerically characterize the solution to the social planning problem. We … conclude that Campbell-Cochrance preferences will provide for interesting macroeconomic modeling challenges, when endogenizing …

Is the variety of products supplied in markets a reflection of the diversity of consumers' preferences? In this paper … consumers' underlying preferences. In particular, there are strong incentives for conformity in markets for durable goods. The … extreme preferences; (3) conformity increases with increases in durability, patience, and the likelihood of trade; and (4 …

preferences for local public goods, product markets may provide an analogous incentive to sort into a community whose consumers … tend to share his preferences in private goods. Using zip code level data on chain restaurants and restaurants overall … findings. First, based on survey data on chain restaurant patronage, restaurant preferences differ substantially by race and …

Decision regulations help long-run preferences prevail by allowing consumers to partially commit to their long-run goals … Early Decision regulations demonstrates that Early Decisions are optimal when consumer preferences are heterogeneous …. Intuitively, each consumer knows his own preferences, so self-rationing - which is what Early Decisions enable - is better than a …

consumers have similar preferences to the principal, and those where consumer preferences diverge from those of the principal …