17 Jun 2019
One of the most important quantitative problems in economics is demand curve estimation in differentiated product markets. The best known modern algorithm is the so-called BLP method, due to Steven Berry, James Levinsohn and Ariel Pakes. In a significant step forward for computational modeling, Chris Conlon and Jeff Gortmaker have developed a sophisticated Python implementation called pyBLP. A corresponding set of notebooks can be found at QE notes.
Published by: Anju Joon