Dynamic Response Models

Routing Summary

Dynamic models add time structure: carryover, lags, competitive reaction, and time-varying parameters.

NoteTopic
Carryover Effects and Distributed LagsKoyck model, PDL, GLPF, ADL(r,s), ratchet models, temporal aggregation bias
Reaction Functions and Competitive DynamicsCournot, Bertrand, Stackelberg, Sweezy, absolute/relative reaction, Tobit
Shape of the Marketing Response FunctionConcave vs S-shaped, hysteresis, threshold effects, pulsing strategies
Design of Dynamic Response ModelsLag order selection, short vs long-run effects, simultaneity, ARMAX