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Economists and environmental policymakers have recently begun advocating a bottom-up approach to climate change mitigation, focusing on reduction targets for groups of nations, rather than large scale global policies. We advance this discussion by taking a quantitative perspective, focusing on...
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Internal market structure analysis infers both brand attributes and consumer preferences for those attributes from preference or choice data. The authors exploit a new method for estimating probit models from panel data to infer market structures that can be displayed in few dimensions, even...
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estimates for the effects of marketing activities. Endogeneity and heterogeneity have achieved prominence in large measure … found that the purchase incidence decision is distinct from the brand choice decision. Hence, it may not be appropriate to … model the no-purchase decision as just another alternative in the choice set with the IIA restriction holding across all …
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panel data from twelve European countries. Introducing both intercept and slope heterogeneity into this relationship, we …
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