Article ID: | iaor2009398 |
Country: | Brazil |
Volume: | 25 |
Issue: | 2 |
Start Page Number: | 201 |
End Page Number: | 217 |
Publication Date: | May 2005 |
Journal: | Pesquisa Operacional |
Authors: | Botelho D. |
Keywords: | retailing |
This article focuses on the estimation of the total price-elasticity of demand, decomposed in brand choice and quantity price-elasticity, and it discusses the implications of such decomposition for a specific product category, using a scanner data sample of Brazilian households. Two models were used: the brand choice decision was modeled through the conditional logit based on household utility maximization; the decision of how much to buy was modeled through classical linear regressions.