@misc{orgprints5009,
          author = {Laura Blow and Ian Crawford},
           title = {Valuing a new good},
            year = {2005},
             url = {https://orgprints.org/id/eprint/5009/},
        abstract = {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.},
        keywords = {New goods, revealed preference}
}