5009: Valuing a new good
(2005) Valuing a new good. [preprint]**
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Summary
This paper presents a nonparametric method for calculating a lower bound on
the virtual or reservation price of a new good. This allows the welfare effects of product market innovations to be investigated. We illustrate the technique using consumer panel data.
| Document Language: | English |
|---|---|
| Keywords: | New goods, revealed preference |
| Subject Areas: | "Organics" in general "Organics" in general > Country reports > Denmark |
| Research affiliation: | Denmark > DARCOF II (2000-2005) > III.1 (COF) Consumer demand for organic foods |
| Funding Part: | 5-25% |
| Orgprints ID Number: | 5009 |
| Contact: | Rosenkvist, Lars |
| Deposited On: | 30 June 2005 |
| EPrint Type: | Preprint |
| Peer Review Status: | Not peer-reviewed |
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