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A Gibbs Sampler for Mixed Logit Analysis of Differentiated Product Markets Using Aggregate Data

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Author Info
Romeo, C.J.
Abstract

In this paper we offer the Gibbs sampler as an alternative estimator to the the GMM procedure used by berry, Levinsohn, and Pakes (1995) (henceforth BLP) in their equilibrium differentiated product market analysis of the automobile industry.

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Publisher Info
Paper provided by U.S. Department of Justice - Antitrust Division in its series Papers with number 00-6.

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Length: 21 pages
Date of creation: 2000
Date of revision:
Handle: RePEc:fth:usjuat:00-6

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Postal: U.S. DEPARTMENT OF JUSTICE; ANTITRUST DIVISION, JUDICIARY CENTER BUILDING 555 4TH ST. N.W. WASHINGTON D.C. 20001 U.S.A..
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Related research
Keywords: MARKET STRUCTURE ; ENTERPRISES ; SIMULATION ; STATISTICS ; ECONOMIC MODELS;

Find related papers by JEL classification:
L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General
C11 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: General - - - Bayesian Analysis
C15 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: General - - - Statistical Simulation Methods
C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data

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This page was last updated on 2009-12-16.


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