Which demand systems can be generated by discrete choice?

We provide a simple necessary and sufficient condition for when a multiproduct demand system can be generated from a discrete choice model with unit demands.

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Year of publication:	2014-10-29
Authors:	Armstrong, Mark ; Vickers, John
Institutions:	Department of Economics, Oxford University
Subject:	Discrete choice \| unit demand \| multiproduct demand functions

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Extent:	application/pdf
Series:	Economics Series Working Papers.
Type of publication:	Book / Working Paper
Notes:	Number 729
Classification:	D01 - Microeconomic Behavior: Underlying Principles ; D11 - Consumer Economics: Theory
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010950623