Title Market Response Models: Econometric And T...
EconPapers FAQ Archive maintainers FAQ Cookies at EconPapers Format for printing The RePEc blog The RePEc plagiarism page Seasonality and non-linear price effects in scanner-data-based market-response modelsDennis Fok, Philip Hans Franses and Richard PaapJournal of Econometrics, 2007, vol. 138, issue 1, 231-251Date: 2007References: Add references at CitEc Citations: View citations in EconPapers (9) Track citations by RSS feedDownloads: (external link) -4076(06)00094-7Full text for ScienceDirect subscribers onlyRelated works:Working Paper: Seasonality on non-linear price effects in scanner-data based market-response models (2005) This item may be available elsewhere in EconPapers: Search for items with the same title.Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/TextPersistent link: :eee:econom:v:138:y:2007:i:1:p:231-251Access Statistics for this articleJournal of Econometrics is currently edited by T. Amemiya, A. R. Gallant, J. F. Geweke, C. Hsiao and P. M. RobinsonMore articles in Journal of Econometrics from ElsevierBibliographic data for series maintained by Catherine Liu (Obfuscate( 'elsevier.com', 'repec' )). var addthis_config = "data_track_clickback":true; var addthis_share = url:" :eee:econom:v:138:y:2007:i:1:p:231-251"Share This site is part of RePEc and all the data displayed here is part of the RePEc data set. Is your work missing from RePEc? Here is how to contribute. Questions or problems? Check the EconPapers FAQ or send mail to Obfuscate( 'oru.se', 'econpapers' ). EconPapers is hosted by the Örebro University School of Business.
Title Market Response Models: Econometric and T...
A multiple regression considers the effect of more than one explanatory variable on some outcome of interest. It evaluates the relative effect of these explanatory, or independent, variables on the dependent variable when holding all the other variables in the model constant."}},"@type": "Question","name": "Why Would One Use a Multiple Regression Over a Simple OLS Regression?","acceptedAnswer": "@type": "Answer","text": "A dependent variable is rarely explained by only one variable. In such cases, an analyst uses multiple regression, which attempts to explain a dependent variable using more than one independent variable. The model, however, assumes that there are no major correlations between the independent variables.","@type": "Question","name": "Can I Do a Multiple Regression by Hand?","acceptedAnswer": "@type": "Answer","text": "It's unlikely as multiple regression models are complex and become even more so when there are more variables included in the model or when the amount of data to analyze grows. To run a multiple regression you will likely need to use specialized statistical software or functions within programs like Excel.","@type": "Question","name": "What Does It Mean for a Multiple Regression to Be Linear?","acceptedAnswer": "@type": "Answer","text": "In multiple linear regression, the model calculates the line of best fit that minimizes the variances of each of the variables included as it relates to the dependent variable. Because it fits a line, it is a linear model. There are also non-linear regression models involving multiple variables, such as logistic regression, quadratic regression, and probit models.","@type": "Question","name": "How Are Multiple Regression Models Used in Finance?","acceptedAnswer": "@type": "Answer","text": "Any econometric model that looks at more than one variable may be a multiple. Factor models compare two or more factors to analyze relationships between variables and the resulting performance. The Fama and French Three-Factor Mod is such a model that expands on the capital asset pricing model (CAPM) by adding size risk and value risk factors to the market risk factor in CAPM (which is itself a regression model). By including these two additional factors, the model adjusts for this outperforming tendency, which is thought to make it a better tool for evaluating manager performance."]}]}] Investing Stocks Bonds Fixed Income Mutual Funds ETFs Options 401(k) Roth IRA Fundamental Analysis Technical Analysis Markets View All Simulator Login / Portfolio Trade Research My Games Leaderboard Economy Government Policy Monetary Policy Fiscal Policy View All Personal Finance Financial Literacy Retirement Budgeting Saving Taxes Home Ownership View All News Markets Companies Earnings Economy Crypto Personal Finance Government View All Reviews Best Online Brokers Best Life Insurance Companies Best CD Rates Best Savings Accounts Best Personal Loans Best Credit Repair Companies Best Mortgage Rates Best Auto Loan Rates Best Credit Cards View All Academy Investing for Beginners Trading for Beginners Become a Day Trader Technical Analysis All Investing Courses All Trading Courses View All TradeSearchSearchPlease fill out this field.SearchSearchPlease fill out this field.InvestingInvesting Stocks Bonds Fixed Income Mutual Funds ETFs Options 401(k) Roth IRA Fundamental Analysis Technical Analysis Markets View All SimulatorSimulator Login / Portfolio Trade Research My Games Leaderboard EconomyEconomy Government Policy Monetary Policy Fiscal Policy View All Personal FinancePersonal Finance Financial Literacy Retirement Budgeting Saving Taxes Home Ownership View All NewsNews Markets Companies Earnings Economy Crypto Personal Finance Government View All ReviewsReviews Best Online Brokers Best Life Insurance Companies Best CD Rates Best Savings Accounts Best Personal Loans Best Credit Repair Companies Best Mortgage Rates Best Auto Loan Rates Best Credit Cards View All AcademyAcademy Investing for Beginners Trading for Beginners Become a Day Trader Technical Analysis All Investing Courses All Trading Courses View All Financial Terms Newsletter About Us Follow Us Facebook Instagram LinkedIn TikTok Twitter YouTube Table of ContentsExpandTable of ContentsWhat Is Multiple Linear Regression?Formula and CalculationWhat It Can Tell YouExampleLinear vs. Multiple RegressionMultiple Regression FAQsCorporate FinanceFinancial AnalysisMultiple Linear Regression (MLR) Definition, Formula, and ExampleBy
Any econometric model that looks at more than one variable may be a multiple. Factor models compare two or more factors to analyze relationships between variables and the resulting performance. The Fama and French Three-Factor Mod is such a model that expands on the capital asset pricing model (CAPM) by adding size risk and value risk factors to the market risk factor in CAPM (which is itself a regression model). By including these two additional factors, the model adjusts for this outperforming tendency, which is thought to make it a better tool for evaluating manager performance.
Market Structure and Performance (T)ECON-UA 317 Prerequisite: Microeconomic Analysis (ECON-UA 11). Recommended co- or prerequisite: Introduction to Econometrics (ECON-UA 266). Offered every other year. 4 points.Relies extensively on game-theoretic tools to model strategic market behavior and econometric methods for testing hypotheses regarding firm conduct and market performance. Analyzes profit-maximizing business strategies of firms with market power, as well as strategic interactions among firms in various types of imperfectly competitive markets. Addresses both static modes of competition and dynamic competition in research and development and product design. Examines the scope of effective public policies designed to improve market performance.
From the survey responses, the company develops a marketing plan that includes ads on trains and buses. They bring in econometric principles to project the impact of their marketing campaign on future sales. From data gathered on demographics and consumer behavior, they are able to develop a demand forecast. 041b061a72