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This paper uses data from a nationwide survey administered during late 2009 and early 2010 to estimate a random utility model of household preferences for broadband Internet service. Reliability and speed are important service characteristics: the representative household is willing to pay $20...
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different demand models. Models include logit, random coefficients logit, and conditional AIDS demand model with multistage …
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, where the reference price is an exponentially weighted average of historical prices. In each period, the demand follows the …, highlights the significance of accounting for cross-product effects through the MNL demand …
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