A Gibbs sampler for mixed logit analysis of differentiated product markets using aggregate data

DOI10.1007/S10614-006-9074-YzbMATH Open1291.91174OpenAlexW2019217105MaRDI QIDQ883131FDOQ883131

Authors: Charles J. Romeo 

Publication date: 31 May 2007

Published in: Computational Economics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s10614-006-9074-y

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zbMATH Keywords

Gibbs samplermixed logitdifferentiated product markets

Mathematics Subject Classification ID

Numerical analysis or methods applied to Markov chains (65C40) Statistical methods; economic indices and measures (91B82)

Cites Work

• Inference from iterative simulation using multiple sequences
• Bayesian data analysis.
• Markov chains for exploring posterior distributions. (With discussion)
• A Conditional Probit Model for Qualitative Choice: Discrete Decisions Recognizing Interdependence and Heterogeneous Preferences
• Bayesian Analysis of Binary and Polychotomous Response Data
• Practical Markov Chain Monte Carlo
• Sampling-Based Approaches to Calculating Marginal Densities
• Title not available (Why is that?)
• Simple conditions for the convergence of the Gibbs sampler and Metropolis-Hastings algorithms
• An empirical analysis of earnings dynamics among men in the PSID: 1968--1989
• Automobile Prices in Market Equilibrium
• Smooth unbiased multivariate probability simulators for maximum likelihood estimation of limited dependent variable models
• A Computationally Practical Simulation Estimator for Panel Data
• Vertical Relationships between Manufacturers and Retailers: Inference with Limited Data
• Title not available (Why is that?)
• Limit Theorems for Estimating the Parameters of Differentiated Product Demand Systems

Cited In (3)

• Bayesian estimation of nonlinear equilibrium models with random coefficients
• Bayesian analysis of random coefficient logit models using aggregate data
• A computationally efficient fixed point approach to dynamic structural demand estimation

Uses Software

• BayesDA

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