Empirical Estimation of Demand: Top 10 Techniques

The following points highlight the top ten techniques of Empirical Estimation of Demand. The techniques are: 1. Problems with Theoretical Analysis 2. Estimating Demand Curves 3. The Identification Problem  4. Consumer Surveys 5. Consumer Clinics 6. Market Experiment 7. Multiple Regression Analysis 8. Theoretical Formulation of the Demand Function 9. Regression Analysis of Demand 10. Power Function. Technique # 1. [...]