S. Berry et A. Pakes, Additional information for: "Comments on "Alternative models of demand forautomobiles" by Charlotte Wojcik", ECON LETT, 74(1), 2001, pp. 43-51
In a recent paper in this journal [Econ. Lett. 68 (2000) 113], Wojcik argue
s that the nested logit "is likely to be superior" to demand specifications
we and others have used in recent empirical work. We review the relevant m
odels and their uses, consider her application, and find that her conclusio
ns are incorrect. (C) 2001 Elsevier Science B.V. All rights reserved.