Demand Estimation under Incomplete Product Availability

B-Tier
Journal: American Economic Journal: Microeconomics
Year: 2013
Volume: 5
Issue: 4
Pages: 1-30

Authors (2)

Christopher T. Conlon (not in RePEc) Julie Holland Mortimer (University of Virginia)

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

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

Abstract

Incomplete product availability is an important feature of many markets, and ignoring changes in availability may bias demand estimates. We study a new dataset from a wireless inventory system on vending machines to track product availability every four hours. The data allow us to account for product availability when estimating demand, and provide valuable variation for identifying substitution patterns when products stock out. We develop a procedure that allows for changes in product availability when availability is only observed periodically. We find significant

Technical Details

RePEc Handle
repec:aea:aejmic:v:5:y:2013:i:4:p:1-30
Journal Field
General
Author Count
2
Added to Database
2026-01-25