Author: Simon P. Anderson
Publisher: MIT Press
ISBN: 9780262011280
Category : Business & Economics
Languages : en
Pages : 454
Book Description
"The discrete choice approach provides an ideal framework for describing the demands for differentiated products and can be used for studying most product differentiation models in the literature. By introducing extra dimensions of product heterogeneity, the framework also provides richer models of firm location and product selection."--BOOK JACKET.
Discrete Choice Theory of Product Differentiation
Author: Simon P. Anderson
Publisher: MIT Press
ISBN: 9780262011280
Category : Business & Economics
Languages : en
Pages : 454
Book Description
"The discrete choice approach provides an ideal framework for describing the demands for differentiated products and can be used for studying most product differentiation models in the literature. By introducing extra dimensions of product heterogeneity, the framework also provides richer models of firm location and product selection."--BOOK JACKET.
Publisher: MIT Press
ISBN: 9780262011280
Category : Business & Economics
Languages : en
Pages : 454
Book Description
"The discrete choice approach provides an ideal framework for describing the demands for differentiated products and can be used for studying most product differentiation models in the literature. By introducing extra dimensions of product heterogeneity, the framework also provides richer models of firm location and product selection."--BOOK JACKET.
Handbook of the Economics of Marketing
Author:
Publisher: Elsevier
ISBN: 0444637656
Category : Business & Economics
Languages : en
Pages : 634
Book Description
Handbook of the Economics of Marketing, Volume One: Marketing and Economics mixes empirical work in industrial organization with quantitative marketing tools, presenting tactics that help researchers tackle problems with a balance of intuition and skepticism. It offers critical perspectives on theoretical work within economics, delivering a comprehensive, critical, up-to-date, and accessible review of the field that has always been missing. This literature summary of research at the intersection of economics and marketing is written by, and for, economists, and the book's authors share a belief in analytical and integrated approaches to marketing, emphasizing data-driven, result-oriented, pragmatic strategies. - Helps academic and non-academic economists understand recent, rapid changes in the economics of marketing - Designed for economists already convinced of the benefits of applying economics tools to marketing - Written for those who wish to become quickly acquainted with the integration of marketing and economics
Publisher: Elsevier
ISBN: 0444637656
Category : Business & Economics
Languages : en
Pages : 634
Book Description
Handbook of the Economics of Marketing, Volume One: Marketing and Economics mixes empirical work in industrial organization with quantitative marketing tools, presenting tactics that help researchers tackle problems with a balance of intuition and skepticism. It offers critical perspectives on theoretical work within economics, delivering a comprehensive, critical, up-to-date, and accessible review of the field that has always been missing. This literature summary of research at the intersection of economics and marketing is written by, and for, economists, and the book's authors share a belief in analytical and integrated approaches to marketing, emphasizing data-driven, result-oriented, pragmatic strategies. - Helps academic and non-academic economists understand recent, rapid changes in the economics of marketing - Designed for economists already convinced of the benefits of applying economics tools to marketing - Written for those who wish to become quickly acquainted with the integration of marketing and economics
Econometric Models For Industrial Organization
Author: Matthew Shum
Publisher: World Scientific
ISBN: 981310967X
Category : Business & Economics
Languages : en
Pages : 154
Book Description
Economic Models for Industrial Organization focuses on the specification and estimation of econometric models for research in industrial organization. In recent decades, empirical work in industrial organization has moved towards dynamic and equilibrium models, involving econometric methods which have features distinct from those used in other areas of applied economics. These lecture notes, aimed for a first or second-year PhD course, motivate and explain these econometric methods, starting from simple models and building to models with the complexity observed in typical research papers. The covered topics include discrete-choice demand analysis, models of dynamic behavior and dynamic games, multiple equilibria in entry games and partial identification, and auction models.
Publisher: World Scientific
ISBN: 981310967X
Category : Business & Economics
Languages : en
Pages : 154
Book Description
Economic Models for Industrial Organization focuses on the specification and estimation of econometric models for research in industrial organization. In recent decades, empirical work in industrial organization has moved towards dynamic and equilibrium models, involving econometric methods which have features distinct from those used in other areas of applied economics. These lecture notes, aimed for a first or second-year PhD course, motivate and explain these econometric methods, starting from simple models and building to models with the complexity observed in typical research papers. The covered topics include discrete-choice demand analysis, models of dynamic behavior and dynamic games, multiple equilibria in entry games and partial identification, and auction models.
Recapturing Space: New Middle-Range Theory in Spatial Demography
Author: Frank M. Howell
Publisher: Springer
ISBN: 3319228102
Category : Social Science
Languages : en
Pages : 375
Book Description
With a unique focus on middle-range theory, this book details the application of spatial analysis to demographic research as a way of integrating and better understanding the different transitional components of the overall demographic transition. This book first details key concepts and measures in modern spatial demography and shows how they can be applied to middle-range theory to better understand people, places, communities and relationships throughout the world. Next, it shows middle-range theory in practice, from using spatial data as a proxy for social science statistics to examining the effect of "fracking” in Pennsylvania on the formation of new coalitions among environmental advocacy organizations. The book also traces future developments and offers some potential solutions to promoting and facilitating instruction in spatial demography. This volume is an ideal resource for advanced undergraduate and graduate students enrolled in courses involving spatial analyses in the social sciences, from sociology and political science to economics and educational research. In addition, scholars and others interested in the role that geographic context plays in relation to their research will find this book a helpful guide in further developing their work.
Publisher: Springer
ISBN: 3319228102
Category : Social Science
Languages : en
Pages : 375
Book Description
With a unique focus on middle-range theory, this book details the application of spatial analysis to demographic research as a way of integrating and better understanding the different transitional components of the overall demographic transition. This book first details key concepts and measures in modern spatial demography and shows how they can be applied to middle-range theory to better understand people, places, communities and relationships throughout the world. Next, it shows middle-range theory in practice, from using spatial data as a proxy for social science statistics to examining the effect of "fracking” in Pennsylvania on the formation of new coalitions among environmental advocacy organizations. The book also traces future developments and offers some potential solutions to promoting and facilitating instruction in spatial demography. This volume is an ideal resource for advanced undergraduate and graduate students enrolled in courses involving spatial analyses in the social sciences, from sociology and political science to economics and educational research. In addition, scholars and others interested in the role that geographic context plays in relation to their research will find this book a helpful guide in further developing their work.
Product Variety Management
Author: Teck-Hua Ho
Publisher: Springer Science & Business Media
ISBN: 1461555795
Category : Business & Economics
Languages : en
Pages : 247
Book Description
Product proliferation has become a common phenomenon. Most companies now offer hundreds, if not thousands, of stock keeping units (SKUs) in order to compete in the market place. Companies with expanding product and service varieties face with problems of obtaining accurate demand forecasts, controlling production and inventory costs, and providing high quality and good delivery performance for the customers. Marketing managers often advocate widening product lines for increasing revenue and market share. However, the breadth of product line can also decrease the efficiency of manufacturing processes and distribution systems. Thus firms must weigh the benefits of product variety against its cost in order to determine the optimal level of product variety to offer to their customers. Academics and practitioners are interested in several fundamental questions about product variety. For instance, why do companies extend their product lines? Do consumers care about product variety? Will a brand with more variety enjoy higher market share? How should product variety be measured? How can a company exploit its product and process design to deliver a higher level of product variety quickly and cheaply? What should the level of product variety be and what should the price of each of the product variants be? What kind of 'challenges would a company face in offering a high level of product variety and how can these obstacles be overcome? The solutions to these questions span multiple functions and disciplines.
Publisher: Springer Science & Business Media
ISBN: 1461555795
Category : Business & Economics
Languages : en
Pages : 247
Book Description
Product proliferation has become a common phenomenon. Most companies now offer hundreds, if not thousands, of stock keeping units (SKUs) in order to compete in the market place. Companies with expanding product and service varieties face with problems of obtaining accurate demand forecasts, controlling production and inventory costs, and providing high quality and good delivery performance for the customers. Marketing managers often advocate widening product lines for increasing revenue and market share. However, the breadth of product line can also decrease the efficiency of manufacturing processes and distribution systems. Thus firms must weigh the benefits of product variety against its cost in order to determine the optimal level of product variety to offer to their customers. Academics and practitioners are interested in several fundamental questions about product variety. For instance, why do companies extend their product lines? Do consumers care about product variety? Will a brand with more variety enjoy higher market share? How should product variety be measured? How can a company exploit its product and process design to deliver a higher level of product variety quickly and cheaply? What should the level of product variety be and what should the price of each of the product variants be? What kind of 'challenges would a company face in offering a high level of product variety and how can these obstacles be overcome? The solutions to these questions span multiple functions and disciplines.
Handbook of Game Theory and Industrial Organization, Volume I
Author: Luis C. Corchón
Publisher: Edward Elgar Publishing
ISBN: 178536328X
Category : Business & Economics
Languages : en
Pages : 567
Book Description
The first volume of this wide-ranging Handbook contains original contributions by world-class specialists. It provides up-to-date surveys of the main game-theoretic tools commonly used to model industrial organization topics. The Handbook covers numerous subjects in detail including, among others, the tools of lattice programming, supermodular and aggregative games, monopolistic competition, horizontal and vertically differentiated good models, dynamic and Stackelberg games, entry games, evolutionary games with adaptive players, asymmetric information, moral hazard, learning and information sharing models.
Publisher: Edward Elgar Publishing
ISBN: 178536328X
Category : Business & Economics
Languages : en
Pages : 567
Book Description
The first volume of this wide-ranging Handbook contains original contributions by world-class specialists. It provides up-to-date surveys of the main game-theoretic tools commonly used to model industrial organization topics. The Handbook covers numerous subjects in detail including, among others, the tools of lattice programming, supermodular and aggregative games, monopolistic competition, horizontal and vertically differentiated good models, dynamic and Stackelberg games, entry games, evolutionary games with adaptive players, asymmetric information, moral hazard, learning and information sharing models.
Competition, Innovation, and Antitrust
Author: Federico Etro
Publisher: Springer Science & Business Media
ISBN: 3540496017
Category : Science
Languages : en
Pages : 296
Book Description
This book reviews recent progress in the theory of oligopoly and market leadership and provides new results on the theory of Stackelberg competition and Nash competition with strategic investment under endogenous entry. These theories are applied to models of competition in quantities, prices and to patent races. The results are used to propose a new approach to competition policy and issues of the abuse of dominance.
Publisher: Springer Science & Business Media
ISBN: 3540496017
Category : Science
Languages : en
Pages : 296
Book Description
This book reviews recent progress in the theory of oligopoly and market leadership and provides new results on the theory of Stackelberg competition and Nash competition with strategic investment under endogenous entry. These theories are applied to models of competition in quantities, prices and to patent races. The results are used to propose a new approach to competition policy and issues of the abuse of dominance.
Discrete Choice Methods with Simulation
Author: Kenneth Train
Publisher: Cambridge University Press
ISBN: 0521766559
Category : Business & Economics
Languages : en
Pages : 399
Book Description
This book describes the new generation of discrete choice methods, focusing on the many advances that are made possible by simulation. Researchers use these statistical methods to examine the choices that consumers, households, firms, and other agents make. Each of the major models is covered: logit, generalized extreme value, or GEV (including nested and cross-nested logits), probit, and mixed logit, plus a variety of specifications that build on these basics. Simulation-assisted estimation procedures are investigated and compared, including maximum stimulated likelihood, method of simulated moments, and method of simulated scores. Procedures for drawing from densities are described, including variance reduction techniques such as anithetics and Halton draws. Recent advances in Bayesian procedures are explored, including the use of the Metropolis-Hastings algorithm and its variant Gibbs sampling. The second edition adds chapters on endogeneity and expectation-maximization (EM) algorithms. No other book incorporates all these fields, which have arisen in the past 25 years. The procedures are applicable in many fields, including energy, transportation, environmental studies, health, labor, and marketing.
Publisher: Cambridge University Press
ISBN: 0521766559
Category : Business & Economics
Languages : en
Pages : 399
Book Description
This book describes the new generation of discrete choice methods, focusing on the many advances that are made possible by simulation. Researchers use these statistical methods to examine the choices that consumers, households, firms, and other agents make. Each of the major models is covered: logit, generalized extreme value, or GEV (including nested and cross-nested logits), probit, and mixed logit, plus a variety of specifications that build on these basics. Simulation-assisted estimation procedures are investigated and compared, including maximum stimulated likelihood, method of simulated moments, and method of simulated scores. Procedures for drawing from densities are described, including variance reduction techniques such as anithetics and Halton draws. Recent advances in Bayesian procedures are explored, including the use of the Metropolis-Hastings algorithm and its variant Gibbs sampling. The second edition adds chapters on endogeneity and expectation-maximization (EM) algorithms. No other book incorporates all these fields, which have arisen in the past 25 years. The procedures are applicable in many fields, including energy, transportation, environmental studies, health, labor, and marketing.
Theoretical and Practical Frameworks for Agent-Based Systems
Author: Zhang, Yu
Publisher: IGI Global
ISBN: 1466615664
Category : Computers
Languages : en
Pages : 343
Book Description
Many everyday dilemmas existing in the real world are complex and difficult to solve or fix, ranging from tax evasion to dispatching taxis to scheduling patient visits in hospitals, and much more. Within these complicated problems, however, lies the potential to be simplified or solved by intelligent agents and multi-agent systems. Theoretical and Practical Frameworks for Agent-Based Systems tackles these real problems and many more, bringing the theoretical research of intelligent agents to researchers and practitioners in academia, government, and innumerable industries. Professionals and experts in every field ranging from education to healthcare and beyond will find this reference to be essential in the understanding of agents, and researchers currently working in the field of intelligent agents will benefit from this exciting examination of practical applications.
Publisher: IGI Global
ISBN: 1466615664
Category : Computers
Languages : en
Pages : 343
Book Description
Many everyday dilemmas existing in the real world are complex and difficult to solve or fix, ranging from tax evasion to dispatching taxis to scheduling patient visits in hospitals, and much more. Within these complicated problems, however, lies the potential to be simplified or solved by intelligent agents and multi-agent systems. Theoretical and Practical Frameworks for Agent-Based Systems tackles these real problems and many more, bringing the theoretical research of intelligent agents to researchers and practitioners in academia, government, and innumerable industries. Professionals and experts in every field ranging from education to healthcare and beyond will find this reference to be essential in the understanding of agents, and researchers currently working in the field of intelligent agents will benefit from this exciting examination of practical applications.
Equilibrium Theory and Applications
Author: William A. Barnett
Publisher: Cambridge University Press
ISBN: 9780521392198
Category : Business & Economics
Languages : en
Pages : 504
Book Description
The Sixth Annual International Symposium in Economic Theory and Econometrics was dedicated to Jacques Drèze on the occasion of his retirement.
Publisher: Cambridge University Press
ISBN: 9780521392198
Category : Business & Economics
Languages : en
Pages : 504
Book Description
The Sixth Annual International Symposium in Economic Theory and Econometrics was dedicated to Jacques Drèze on the occasion of his retirement.