Discrete Choice Methods in Demand Estimation
Date:
06/06/2016 - 07/06/2016
Organised by:
University of East Anglia
Presenter:
Dr Farasat Bokhari
Level:
Intermediate (some prior knowledge)
Contact:
Dr Simon Watts, PGR Training Coordinator, Faculty of Social Sciences, UEA; Tel: +44(0)1603 591295; E-mail: simon.d.watts@uea.ac.uk
Description:
Policy issues related to impact of introduction of new goods, taxation on imports or horizontal mergers often begin with careful estimation of demand for differentiated products, followed by counterfactual exercises using the estimated demand parameters. There is a large and growing literature on demand estimation. This short workshop will review some of the popular techniques of demand estimation in product and characteristics space approaches, and will then focus in on estimation details in discrete choice models. Topics covered will include logit estimation, an overview of the BLP method (Barry, Levinsohn & Pakes, 1995) and estimation of nested and random coefficients logit models.
Cost:
PGR students from Universities of East Anglia; Essex; Kent; Surrey; Sussex; Reading; Royal Holloway; & Goldsmiths = FREE; PGR students from all other institutions = £30; Early-career researchers/academics = £60
Website and registration:
Region:
East of England
Keywords:
Quantitative Approaches (other), Demand estimation , Economics
Related publications and presentations:
Quantitative Approaches (other)