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http://hdl.handle.net/10419/31721
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| Title: | | Uniqueness seeking and demand estimation in the German automobile industry  |
| Authors: | | Guerzoni, Marco Soellner, René |
| Issue Date: | | 2009 |
| Series/Report no.: | | Jena economic research papers 2009,050 |
| Abstract: | | This paper empirically analyzes the determinants of demand in the German automobile industry. Our primary goal is to refine the existing literature on that topic by exploring the impact of uniqueness seeking behaviour of individuals on the demand schedule. Using a dataset on the segment of compact cars in the German market, we show that consumers have an intrinsic need for uniqueness seeking, and the degree a product satisfies this need is to be considered as an additional product characteristic. |
| Subjects: | | DEMAND ESTIMATION DISCRETE CHOICE DIFFERENTIATED PRODUCTS |
| JEL: | | D12 L11 L15 L62 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Jena Economic Research Papers, MPI für Ökonomik
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