Resumen de The Berry-Levinsohn-Pakes estimator of the random-coefficients logit demand model

David W. Vincent

• In this article, I describe the algorithm proposed by Berry, Levinsohn, and Pakes (1995, Econometrica 63: 841–890) to fit the random-parameters logit demand model from product market shares. I present a new command, blp, for this estimator.