Though common stocks are one of the most important assets in an economy, little is known about their demand curves. I … estimate demand curves for 144 NYSE stocks using a unique dataset of all orders, including off-equilibrium orders, during three …

out of stock. However, extant demand estimation methods do not consider these features simultaneously, which can result in … biased demand estimation and lead to supply and demand mismatch. In this study, we develop a unified parsimonious model for … structural demand estimation to fill this gap. First, we incorporate stockout into the model framework and estimate the …