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A nonparametric characteristics model of the demand for milk

Andersen, Laura M.; Blow, Laura; Browning, Martin and Crawford, Ian (2005) A nonparametric characteristics model of the demand for milk. in preparation. [Unpublished]

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Summary

Characteristics models in demand analysis capture the idea that people value goods not For the commodity itself but for the characteristics (or attributes) or embodied in the good. For example, agents may care about the fat content and the taste of different sorts of milk but not the actual type of milk. When we have fewer characteristics than types of good the theory imposes restrictions on observables. We present a revealed preference characteristics model analysis of the demand for milk in Denmark.


EPrint Type:Journal paper
Subjects:"Organics" in general
Research affiliation: Denmark > DARCOF II (2000-2005) > III.1 (COF) Consumer demand for organic foods
Deposited By: Rosenkvist, Lars
ID Code:4750
Deposited On:03 May 2005
Last Modified:12 Apr 2010 07:30
Document Language:English
Status:Unpublished
Refereed:Submitted for peer-review but not yet accepted

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