Data for Endogenous product choice : a progress report

Furthermore, the types of products firms sell can influence welfare as much or more than prices. This project develops two potential solutions to this problem and demonstrates their relevance for US pay television services. Econometrically, we propose to develop 'orthogonal instruments': variables that can be used to consistently estimate key demand parameters even if firms choose their products.

Economically, we propose to generalise existing empirical models to allow for firms' optimal choices of prices and product qualities. This will permit us to measure 'quality mark-ups' and quantify competition's impact on reducing distortions in quality provision (as well as prices).<br><br>Data record consists of documentation file giving descriptions and instructions for access. Most of the datasets used in this grant are proprietary and require either a license agreement from the data provider and/or significant effort to obtain the data by hand from published sources.

The Data Collection only consists of metadata and documentation as the data could not be archived due to legal, ethical or commercial constraints. For further information, please contact the contact person for this data collection.