The consumer’s choice among television displays: A multinomial logit approach

The consumer’s choice over a bundle of products depends on observable and unobservable characteristics of goods and consumers. This choice is made in order to maximize utility subject to a budget constraint. At the same time, firms make product differentiation decisions to maximize profit. Quality i...

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Bibliographic Details
Main Authors: Carlos Giovanni González Espitia, Natalia Serna Borrero
Format: Article
Language:English
Published: Universidad de Antioquia 2013-07-01
Series:Lecturas de Economía
Subjects:
Online Access:http://aprendeenlinea.udea.edu.co/revistas/index.php/lecturasdeeconomia/article/view/17954/15411