Affiliation:
1. Deloitte Economic Consulting London, UK
Abstract
In this article, I describe the algorithm proposed by Berry, Levinsohn, and Pakes (1995, Econometrica 63: 841–890) to fit the random-parameters logit demand model from product market shares. I present a new command, blp, for this estimator.
Subject
Mathematics (miscellaneous)
Reference19 articles.
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