Journal Of The Econometric Society

An International Society for the Advancement of Economic
Theory in its Relation to Statistics and Mathematics

Edited by: Guido W. Imbens • Print ISSN: 0012-9682 • Online ISSN: 1468-0262

Econometrica: Jan, 1965, Volume 33, Issue 1

The Order of Acquisition of Consumer Durables<225:TOOAOC>2.0.CO;2-3
p. 225-235

Jacob Paroush

The order in which consumer durable goods are acquired is of considerable importance, chiefly in market research. In the following paper the possibility of an econometric approach to this problem is demonstrated, as well as the way in which psychometric tools can be used in an economic investigation. Although the order of acquisition is conceptually linked with the passage of time, the econometric analysis is here based on simple cross-section data.

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