Structural Econometric Modeling in Industrial Organization and Quantitative Marketing: Theory and Applications

Structural econometric modeling is a powerful tool for making economic theory-based predictions and policy counterfactuals,and this book provides a primer on recent developments in the field.

Format: Hardback
Length: 280 pages
Publication date: 24 October 2023
Publisher: Princeton University Press

Structural econometric modeling is a powerful tool for economists and researchers seeking to understand the complex relationships between economic variables and to make informed predictions and policy recommendations. This book provides a comprehensive introduction to the field,making highly technical material accessible to graduate students and researchers with a basic understanding of econometrics.
Structural econometric modeling is a comprehensive approach to understanding the structure of economic models and estimating their parameters using real-world data. This field enables better economic theory-based predictions and policy counterfactuals, contributing to a deeper understanding of economic phenomena.

The book offers a primer on recent developments in structural econometric modeling, which is widely used in empirical industrial organization, quantitative marketing, and related fields. It covers a range of topics, including discrete choice modeling, demand modes, estimation of firm entry models with strategic interactions, consumer search, and theory/empirics of auctions.

One of the key strengths of the book is its ability to make highly technical material accessible to graduate students. It describes key insights succinctly but without sacrificing rigor, ensuring that readers gain a deep understanding of the topics covered. The book also provides concise reviews of relevant theoretical models, helping readers to connect the theoretical framework to the practical applications of structural econometric modeling.

Structural econometric modeling is a powerful tool for economists and researchers seeking to understand the complex relationships between economic variables and to make informed predictions and policy recommendations. This book provides a comprehensive introduction to the field, making highly technical material accessible to graduate students and researchers with a basic understanding of econometrics. By leveraging the power of structural econometric modeling, researchers can gain a deeper understanding of economic phenomena, develop more effective policies, and contribute to the advancement of economic knowledge.

Weight: 712g
Dimension: 186 x 264 x 22 (mm)
ISBN-13: 9780691243467