𝔖 Bobbio Scriptorium
✦   LIBER   ✦

A theoretical model of mass consumer behavior and some methodological problems of social studies

✍ Scribed by Konstantin Kurtovich Val'Tukh

Publisher
Springer Netherlands
Year
1975
Tongue
English
Weight
969 KB
Volume
9
Category
Article
ISSN
0033-5177

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We calibrate and contrast the recent generalized multinomial logit model and the widely used latent class logit model approaches for studying heterogeneity in consumer purchases. We estimate the parameters of the models on panel data of household ketchup purchases, and find that the generalized mult