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.

Detalhes bibliográficos
Principais autores: Armstrong, M, Vickers, J
Formato: Working paper
Publicado em: University of Oxford 2014
Descrição
Resumo: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.