Bounding quantile demand functions using revealed preference inequalities

A-Tier
Journal: Journal of Econometrics
Year: 2014
Volume: 179
Issue: 2
Pages: 112-127

Score contribution per author:

1.341 = (α=2.01 / 3 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This paper develops a new approach to the estimation of consumer demand models with unobserved heterogeneity subject to revealed preference inequality restrictions. Particular attention is given to nonseparable heterogeneity. The inequality restrictions are used to identify bounds on counterfactual demand. A nonparametric estimator for these bounds is developed and asymptotic properties are derived. An empirical application using data from the UK Family Expenditure Survey illustrates the usefulness of the methods.

Technical Details

RePEc Handle
repec:eee:econom:v:179:y:2014:i:2:p:112-127
Journal Field
Econometrics
Author Count
3
Added to Database
2026-01-24