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.

Bibliografski detalji
Glavni autori: Armstrong, M, Vickers, J
Format: Working paper
Izdano: University of Oxford 2014
Opis
Sažetak: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.