Discrete Choice Methods in Demand Estimation
Date:
12/06/2017 - 14/06/2017
Organised by:
University of East Anglia
Presenter:
Dr Farasat Bokhari
Level:
Intermediate (some prior knowledge)
Contact:
To book, please e-mail SSF.AdvancedTraining@uea.ac.uk (deadline for bookings is Friday 28th April 2017). Academic/content enquiries, please mail simon.d.watts@uea.ac.uk in the first instance.
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. As part of the course we will also conduct merger analysis and simulations. This course can be complemented by attending a further UEA session, on ‘Vertical Restraints’, scheduled to run in the afternoons of 12th-14th June.
Cost:
PGR students from Universities of East Anglia; Essex; Kent; Surrey; Sussex; Reading; Royal Holloway; Goldsmiths; Roehampton; & City University; PGR students from all other institutions = £30; Early-career researchers/academics = £60
Website and registration:
Region:
East of England
Keywords:
Interdisciplinary and Multidisciplinary Research, Economics , Demand estimation
Related publications and presentations:
Interdisciplinary and Multidisciplinary Research