Which demand systems can be generated by discrete choice?

We provide a simple necessary and sufficient condition for when a multiproduct demand system can be generated from a discrete choice model with unit demands.

Bibliografiset tiedot
Päätekijät: Armstrong, M, Vickers, J
Aineistotyyppi: Working paper
Julkaistu: University of Oxford 2014
Kuvaus
Yhteenveto:We provide a simple necessary and sufficient condition for when a multiproduct demand system can be generated from a discrete choice model with unit demands.