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.

Opis bibliograficzny
Główni autorzy: Armstrong, M, Vickers, J
Format: Working paper
Wydane: University of Oxford 2014
Opis
Streszczenie: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.