This paper proposes the (ARM), first used by Aalen (1980), to explain households' interpurchase times. Unlike the Proportional Hazard Model (PHM), first proposed by Cox (1972), the ARM incorporates the effects of covariates on the individual hazard function in an (as opposed to ) manner. While a...

We propose a utility-theoretic brand-choice model that accounts for four different sources of state dependence: 1. effects of lagged choices (), 2. effects of serially correlated error terms in the random utility function (), 3. effects of serial correlations between utility-maximizing...

This paper advances the literature on multicategory demand models by simultaneously handling of the household. We propose a model of and outcomes in multiple categories. Our results show that cross-category promotional spillovers are asymmetric between the two product categories of bacon and...

We explore issues in theory-driven choice modeling by focusing on partial-equilibrium models of dynamic structural demand with forward-looking decision-makers, full equilibrium models that integrate the supply side, integration of bounded rationality in dynamic structural models of choice and...