Brand choice and price effect

Date of publication: June 15, 1982

Author: Franz Böcker

Abstract:

Within the paper we present a stochastic brand choice price model which is a real decision model. The model is applied to the German potato- products 5 market using G&I-consumer panel data. The model is parameterised and its validity is elaborated. Based on the estimations a robust market share model is proposed demonstrating the effect of different brands and its prices on the brands’ market share.

Franz Böcker

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