The effect of online reviews on addressing endogeneity in discrete choice models
This paper investigates the effectiveness of online reviews on addressing price endogeneity issue in an application to consumer demand for smartphone. We consider review variables as the substitutes of unobserved product quality in terms of a scalar variable as seen in previous methods. An aspect-ba...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
KeAi Communications Co. Ltd.
2021-06-01
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Series: | Data Science and Management |
Subjects: | |
Online Access: | http://www.sciencedirect.com/science/article/pii/S2666764921000072 |