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The BLP Method of Demand Curve Estimation in Industrial Organization

Author

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  • Eric Rasmusen

    (Department of Business Economics and Public Policy, Indiana University Kelley School of)

Abstract

This is an exposition of the BLP method of structural demand estimation using the random-coefficients logit model.

Suggested Citation

  • Eric Rasmusen, 2006. "The BLP Method of Demand Curve Estimation in Industrial Organization," Working Papers 2006-04, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy.
    • Handle: RePEc:iuk:wpaper:2006-04
    as

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    File URL: http://kelley.iu.edu/riharbau/RePEc/iuk/wpaper/bepp2006-04-rasmusen.pdf
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    References listed on IDEAS

    as
    1. Hansen, Lars Peter, 1982. "Large Sample Properties of Generalized Method of Moments Estimators," Econometrica, Econometric Society, vol. 50(4), pages 1029-1054, July.
    2. Aviv Nevo, 2000. "A Practitioner's Guide to Estimation of Random‐Coefficients Logit Models of Demand," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 9(4), pages 513-548, December.
    3. Steven T. Berry, 1994. "Estimating Discrete-Choice Models of Product Differentiation," RAND Journal of Economics, The RAND Corporation, vol. 25(2), pages 242-262, Summer.
    4. Berry, Steven & Levinsohn, James & Pakes, Ariel, 1995. "Automobile Prices in Market Equilibrium," Econometrica, Econometric Society, vol. 63(4), pages 841-890, July.
    5. Rasmusen, Eric, 1998. "The observed choice problem in estimating the cost of policies," Economics Letters, Elsevier, vol. 61(1), pages 13-15, October.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Watanabe, Mariko, 2011. "Competition of the mechanisms : how Chinese home appliance firms coped with default risk of trade credit?," IDE Discussion Papers 312, Institute of Developing Economies, Japan External Trade Organization(JETRO).
    2. Merino Troncoso, Carlos, 2021. "Consumer Demand Estimation," MPRA Paper 105169, University Library of Munich, Germany.
    3. Merino Troncoso, Carlos, 2023. "Introduction to Competition Economics," MPRA Paper 115999, University Library of Munich, Germany.
    4. Weifang Lou, 2009. "Estimating the Impact of a Potential Process Innovation and the Optimal Strategy of Licensing," Working Papers 2009.03, School of Economics, La Trobe University.
    5. Dronyk-Trosper Trey & Stitzel Brandli, 2020. "Analyzing the Effect of Mandatory Water Restrictions on Water Usage," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 20(2), pages 1-13, April.

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    More about this item

    JEL classification:

    • L0 - Industrial Organization - - General

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