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- W2891955257 abstract "Incomplete product availability is an important feature of many markets, and ignoring changes in availability may bias demand estimates. We study a new dataset from a wireless inventory system on vending machines to track product availability every four hours. The data allow us to account for product availability when estimating demand, and provide valuable variation for identifying substitution patterns when products stock out. We develop a procedure that allows for changes in product availability when availability is only observed periodically. We find significant differences in demand estimates: the corrected model predicts significantly larger impacts of stock-outs on profitability." @default.
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- W2891955257 date "2008-09-01" @default.
- W2891955257 modified "2023-09-27" @default.
- W2891955257 title "Demand Estimation Under Incomplete Product Availability" @default.
- W2891955257 doi "https://doi.org/10.3386/w14315" @default.
- W2891955257 hasPublicationYear "2008" @default.
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