The Review of Economics and Statistics Vol. 75 No. 2 1993
The Demand for Commodity Packages: The Case of Telephone Custom Calling Features
Abstract
The demand for two custom calling services is investigated. The services may be bought individually or in a discounted package. A micro-theory based on discrete choice model is formulated that explicitly accounts for these purchase options. The model is estimated assuming both dependence and independence of the unobservable choice-influencing variables. The estimated parameters are used to simulate the revenue impact of price and discount changes.
- DOI
- 10.2307/2109446
- Volume
- 75
- Issue
- 2
- Pages
- 362
- Sources
- crossref openalex