compute_outside_share: Compute Share of Outside Good
In lachlandeer/demandr: Nested Logit Demand Estimation with Aggregate Market Shares

Description Usage Arguments Value Examples

Compute Share of Outside Good

1	compute_outside_share(df, mkt_share, market_id)

`df`	Dataframe to work with
`mkt_share`	Variable containing product market shares, as a character string.
`market_id`	List of variables contaning market identifiers

A dataframe with the variable outside_share added as a column.

# Add Outside Share column to data
mkts <- create_markets(geog_id = "market_id", time_id = "year")
df   <- mkt_share_from_sales(eurocars,
                               quantity   = 'qty_sold',
                               population = 'population')
df2  <- compute_outside_share(df, mkt_share = 'mkt_share', market_id = mkts)