Research

Identification of Preferences with Unobserved Budget Using Vertical Differentiation within Brands

Updated: August 05, 2025

This paper develops a framework for identifying consumer preferences and budget distribution in discrete choice models where unobserved budget constraints determine consideration sets.

Attention and Blur Effects of Advertising with Spill-overs: Nested Consideration Logit Approach

Updated: August 05, 2025

This paper develops a practical structural demand model that disentangles attention and blur effects of advertising with industry spill-overs using the Nested Consideration Logit approach.

A Measure of Random Utility Model Violations and Econometric Test

Roy Allen, Changkuk Im, John Rehbeck, Woohun Son

Updated: August 06, 2025

This paper introduces a new measure of stochastic choice consistency for the random utility model (RUM) by allowing measurement error on choice probabilities, providing a statistical test for RUM violations.