Heterogeneity in dynamic discrete choice models
We consider dynamic discrete choice models with heterogeneity in both the levels parameter and the state dependence parameter. We first analyse the purchase of full fat milk using a long consumer panel (T > 100) on many households. The large T nature of the panel allows us to consistently est...
| Principais autores: | , |
|---|---|
| Formato: | Working paper |
| Publicado em: |
University of Oxford
2006
|