Estimating the Benefits of New Products
---- Acknowledgments ----
We thank the organizers and participants at the Big Data for 21st Century Economic Statistics conference, and especially Marshall Reinsdorf and Matthew Shapiro, for their helpful comments. We acknowledge the James A. Kilts Center, University of Chicago Booth School of Business, https://www.chicagobooth.edu/research/kilts/datasets/dominicks, for the use of the Dominick’s Dataset. Financial support was received from a Digging into Data multi-country grant, provided by the United States NSF and the Canadian SSHRC. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.