Blow, Laura and Crawford, Ian (2005) Valuing a new good. [Submitted]
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Summary in the original language of the document
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.
| EPrint Type: | Journal paper |
|---|---|
| Keywords: | New goods, revealed preference |
| Subjects: | "Organics" in general "Organics" in general > Countries and regions > Denmark |
| Research affiliation: | Denmark > DARCOF II (2000-2005) > III.1 (COF) Consumer demand for organic foods |
| Deposited By: | Rosenkvist, Lars |
| ID Code: | 5009 |
| Deposited On: | 30 Jun 2005 |
| Last Modified: | 03 Dec 2013 13:10 |
| Document Language: | English |
| Status: | Submitted |
| Refereed: | Not peer-reviewed |
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