Biases in Demand Analysis Due to Variation in Retail Distribution by Federal Trade Commission

Biases in Demand Analysis Due to Variation in Retail Distribution

Federal Trade Commission

36 pages missing pub info (editions)

nonfiction business economics medium-paced
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Description

Aggregate demand models typically assume that consumers choose between all available products. Since consumers may be unwilling to search across every store in a given market for a particular item, this assumption is problematic when product assor...

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