Dynamic Demand & Learning

Session 1 (Durables)

Melinkov (2001) “Demand for Differentiated Products: the Case of the U.S. Computer Printer Market

Carranza (2006) “Consumer Heterogeneity, Demand for Durable Goods and the Dynamics of Quality

Nevo and Hendel (2007) “Measuring the Implications of Sales and Consumer Stockpiling Behavior

Gowrisankaran and Rysman (2006) “Dynamics of Consumer Demand for New Durable Goods

Schiraldi (2007) “Automobile Replacement: A Dynamic Structural Approach

Gordon (2006) “Estimating a Dynamic Model of Demand for Durable Goods

Zhao (2007) “Why Are Prices Falling Fast? Empirical Modeling of Dynamic Equilibria in Durable Goods Markets
 

Session 2 (Learning)

Crawford and Shum (2005) “Uncertainty and Learning in Pharmaceutical Demand

Chan and Hamilton (2006) “Learning, Private Information and the Economic Evaluation of Randomized Experiments

Hitsch (2006) “An Empirical Model of Optimal Dynamic Product Launch and Exit Under Demand Uncertainty