Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/92466 
Authors: 
Year of Publication: 
2010
Series/Report no.: 
CSIO Working Paper No. 0106
Publisher: 
Northwestern University, Center for the Study of Industrial Organization (CSIO), Evanston, IL
Abstract: 
Models of consumer behavior play a key role in modern empirical Industrial Organization. In this paper, I survey some of the models used in this literature. In particular, I discuss two commonly used demand systems: multi-stage budgeting approaches and discrete choice models. I motivate their use and highlight some key modeling assumptions. I next briefly discuss key issues of estimation, and conclude by summarizing some extensions.
Subjects: 
Industrial Organization
Demand Estimation
Differentiated Products
Almost Ideal Demand System
Discrete Choice
Document Type: 
Working Paper

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