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Indiana University Bloomington

BEPP

The Kelley Advantage

The department is home to the authors of Managerial Economics and Business Strategy and Games and Information: An Introduction to Game Theory, two of the nation’s leading textbooks in the field.

Research and Publications

The BLP Method of Demand Curve Estimation in Industrial Organization

2008, Gendai Keizaigaku 1, mikuro-bunseki

Isao Miura, Tohru Naito, Eric Bennett Rasmusen

Abstract

in Japanese in Gendai Keizaigaku 1, mikuro- bunseki, edited by Isao Miura and Tohru Naito, Tokyo: Keiso shobo, 2008. ISBN: 978-4-326-50297-4. My further simplification of Nevo's simplification of BLP. In English on the web in tex and pdf (in English at http://www.rasmusen.org/published/blp-rasmusen.pdf). This is an exposition of the BLP method of structural demand estimation using the random-coecients logit model. Japanese in Gendai Keizaigaku 1, mikuro-bunseki, edited by Isao Miura and Tohru Naito, Tokyo: Keiso shobo. The English version will stay posted on the web and most likely be revised later.

Citation

Rasmusen, Eric Bennett, Isao Miura, and Tohru Naito, (2008) "The BLP Method of Demand Curve Estimation in Industrial Organization," in Isao Miura and Tohru Naito (eds), Gendai Keizaigaku 1, mikuro-bunseki, Tokyo: Keiso shobo.

Keywords

BLP, random coefficients logit, demand estimation, GMM