Econometrics
Leveraging data collected from new and legacy business applications to improve business performance is an enormous opportunity available to today's corporations. This data can be used to segment customers, develop new products, estimate price elasticity, and increase operating margins.
Mather Economics can use your data to answer the tough questions facing your business. The analysis can be codified into a custom software application, delivered over the Internet, and updated as needed so that returns on the analyses are achieved repeatedly.
Our in-house economists are supported by affiliated academic economists to ensure that the econometric models meet the standards of the profession for technical correctness and accuracy.
The following are some of the contexts where we have employed econometric models:
> Marginal cost estimation
> Own-price and cross-price elasticity measurement
> Customer retention analysis
> Discrete choice models
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