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Estimation of Dynamic Decision Models with Corner Solutions : A Model of Price and Inventory Decisions

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Abstract

This paper proposes and applies a method of moments to estimate dynamic decision models with corner solutions. The method is applied to estimate a model of price and inventory decisions using data of individual goods from a supermarket chain.

Suggested Citation

  • Aguirregabiria, V, 1996. "Estimation of Dynamic Decision Models with Corner Solutions : A Model of Price and Inventory Decisions," University of Western Ontario, Departmental Research Report Series 9604, University of Western Ontario, Department of Economics.
    • Handle: RePEc:uwo:uwowop:9604
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    File URL: https://ir.lib.uwo.ca/cgi/viewcontent.cgi?article=1403&context=economicsresrpt
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    Cited by:

    1. Mukherjee, Diganta, 2002. "A new measure of gender bias," ISER Working Paper Series 2002-24, Institute for Social and Economic Research.
    2. N. Picard-Tortorici, 2000. "An Original Framework for Studying Dynamic Fertility Models," Thema Working Papers 2000-05, THEMA (Théorie Economique, Modélisation et Applications), CY Cergy-Paris University, ESSEC and CNRS.
    3. Claus C Pörtner, 2010. "Sex Selective Abortions, Fertility and Birth Spacing," Working Papers UWEC-2010-04-R, University of Washington, Department of Economics, revised Aug 2010.
    4. Michael Leung & Junsen Zhang, 2008. "Gender preference, biased sex ratio, and parental investments in single-child households," Review of Economics of the Household, Springer, vol. 6(2), pages 91-110, June.

    More about this item

    Keywords

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    JEL classification:

    • C34 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Truncated and Censored Models; Switching Regression Models
    • C35 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions
    • D92 - Microeconomics - - Micro-Based Behavioral Economics - - - Intertemporal Firm Choice, Investment, Capacity, and Financing
    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • L81 - Industrial Organization - - Industry Studies: Services - - - Retail and Wholesale Trade; e-Commerce

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