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Estimation of Price Elasticities for International Telecommunications Demand

โœ Scribed by Christos Agiakloglou; Demetrius Yannelis

Publisher
Springer US
Year
2006
Tongue
English
Weight
74 KB
Volume
12
Category
Article
ISSN
1083-0898

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## ABSTRACT This paper estimates the price elasticity of demand for alcohol using Health and Retirement Study data. To account for unobserved heterogeneity in price responsiveness, we use finite mixture models. We recover two latent groups, one is significantly responsive to price, but the other is