Help with estimation method

gabeo

New Member
#1
Hi,
I have a dataset as follows:
There are n individuals. Each individual has a fixed amount of money spent on a basket of three goods A, B, C. They have different choices of the proportion of the money spent on each good. The dependent variable is described as follows:
Inds. A B C Total
1 20% 50% 30% 100%
2 50% 10% 40% 100%
3 25% 25% 50% 100%
.
.
n 10% 75% 15% 10%
I want to investigate the impacts of demographic attributes on this choice.
Please tell me what kinds of estimation method (e.g., logistics, OLS,…) that can be used to estimate this model.
Thanks.