Identification and Estimation of Consumers' Preferences from Repeated Observations under Nonlinear Pricing
非线性定价下基于重复观测的消费者偏好识别与估计
We develop a nonparametric approach to identify and estimate consumer preferences and unobserved heterogeneity under nonlinear price schedules. Leveraging variation across multiple price schedules, we show that both the utility function and the distribution of preference types can be nonparametrically identified. The quantile function of unobserved types becomes solution of a functional equation, and we derive conditions ensuring identification. We propose an iterative…