We develop a new approach using market-level data to model, identify, and estimate a dynamic discrete choice demand model for durable goods with continuous unobserved product-specific state variables.
The Annals of Statistics, Vol. 26, No. 3 (Jun., 1998), pp. 1147-1169 (23 pages) This paper provides a comparative sensitivity analysis of one-step Newton-Raphson estimators for linear regression. Such ...