Standard measures of competitive toughness fail to capture the fact that, as consumers optimize intertemporally, firms operating today compete with (as yet non-existent) businesses, which will be ...
This article presents a dynamic demand model for motor vehicles. This approach accounts for the change in the mix of consumers over the model year and measures consumers' substitution patterns across ...
2019 AUG 19 (NewsRx) -- By a News Reporter-Staff News Editor at Politics, Law & Government Daily-- Fresh data on Economics - Public Economics are presented in a new report. According to news reporting ...
Citations: Eichenbaum, Martin, L.P. Hansen. 1990. Estimating Models With Intertemporal Substitution Using Aggregate Time Series Data. Journal of Business & Economic Statistics. (1)53-69.