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...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Universidad de Antioquia
2013-07-01
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Series: | Lecturas de Economía |
Subjects: | |
Online Access: | http://aprendeenlinea.udea.edu.co/revistas/index.php/lecturasdeeconomia/article/view/17954/15411 |