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Using aggregate product search data from Amazon.com, we jointly estimate consumer information search and online demand for durable goods. To estimate demand and search primitives, we introduce an optimal sequential search process into a model of choice and treat the observed market-level product...
Persistent link: https://www.econbiz.de/10014046838
The goal of this paper is to study the behavior of consumers, dealers, and manufacturers in the car sector and present an approach that can be used by managers and policy makers to investigate the impact of significant demand shocks on profits, prices, and dealer networks. More specifically, we...
Persistent link: https://www.econbiz.de/10014040008
The goal of this paper is to study the behavior of consumers, dealers, and manufacturers in the car sector and present an approach that can be used by managers and policy makers to investigate the impact of significant demand shocks on profits, prices, and dealer networks. More specifically, we...
Persistent link: https://www.econbiz.de/10014047190