Simplified Nevo (2000) cereal data from the Mixtape Sessions demand estimation exercises. Contains 2256 product-market observations with raw quantities and a single price instrument.
Format
A data frame with 2256 rows and the following columns:
- market
Market identifier (city-quarter)
- product
Product identifier (firm-brand)
- mushy
Mushiness indicator (0/1)
- servings_sold
Total servings sold in the market
- city_population
City population
- price_per_serving
Price per serving (dollars)
- price_instrument
Excluded instrument for price