Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/228520
Authors: 
Soetevent, Adriaan R.
Year of Publication: 
2021
Abstract: 
Consumption rivalry generates variation in the choice sets decision-makers face. Not taking into account such variation may generate biased demand estimates. It remains unclear how this impacts estimation accuracy because researchers often lack information on temporal variation in product availability. This paper uses information on the exact set of available alternatives at the time of choosing to formulate time-variant deterministic constraints. In an application to the market for public charging infrastructure for electric vehicles, I show that incorporating this information significantly improves the out-of-sample forecasting accuracy of individual choice and hence the aggregate demand estimates for local charging facilities.
Subjects: 
Discrete choice
Preference estimation
Consumption rivalry
Electric Vehicles
JEL: 
H23
H42
H54
Q41
Q48
Document Type: 
Working Paper

Files in This Item:
File
Size
9.19 MB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.