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Re: st: Draw an offer curve (supply curve)?
From
Pedro Nakashima <[email protected]>
To
[email protected]
Subject
Re: st: Draw an offer curve (supply curve)?
Date
Sat, 22 Oct 2011 11:08:49 -0200
This one is very intuitive:
http://www.amazon.com/Econometric-Models-Economic-Forecasts-Pindyck/dp/0079132928/ref=sr_1_5?ie=UTF8&qid=1319288846&sr=8-5
2011/10/22 Nick Cox <[email protected]>:
> It seems that you need an appropriate model before you can think of
> drawing the supply curve(s) it implies.
>
> Nick
>
> On Sat, Oct 22, 2011 at 4:21 AM, G. Dai <[email protected]> wrote:
>
>> I have a dataset on real offering behavior and I want to draw an
>> offering curve (supply curve) from the data set.
>> One simple example of the data is following:
>>
>> ID Qantity_Offered Price_asked
>>
>> 1 10 99
>> 2 23 90
>> 1 5 50
>> 4 30 32
>> 3 39 10
>> 2 30 0
>> 4 20 0
>> 3 20 0
>>
>> ID is the individual participating in the trade, and quantity_offered
>> is the quantity they can offer at the price of Price_asked.
>> We can see some individuals just ask zero price for some quantities,
>> while ask a higher price for extra quantities. My object is draw an
>> offer curve (supply curve) from the data in an efficient way because
>> the dataset is big.
>
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