Author: Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Distance, Deman, and Oligopoly Pricing
Author: Distance, Demand, and Oligopoly Pricing
Author: Robert C. FeenstraPublisher:
ISBN:
Category : Diversification in industry
Languages : en
Pages : 50
Book Description
We demonstrate how to estimate a model of product demand and oligopoly pricing when products are multi-dimensionally differentiated. We provide an empirical counterpart to recent theoretical work on product differentiation. Using specifications informed by economic theory, we simultaneously estimate a demand system and price-cost margins for products differentiated in many dimensions.
Distance, Demand, and Oligopoly Pricing
Author: Robert C. FeenstraPublisher:
ISBN:
Category :
Languages : en
Pages : 45
Book Description
We demonstrate how to estimate a model of product demand and oligopoly pricing when products are multi-dimensionally differentiated. We provide an empirical counterpart to recent theoretical work on product differentiation. Using specifications informed by economic theory, we simultaneously estimate a demand system and price-cost margins for products differentiated in many dimensions.
Distance, demand, and oligopoly pricing
Author: Robert C. FeenstraDistance, Demand, and Oligopoly Pricing
Author: Oligopoly Pricing
Author: Xavier VivesPublisher: MIT Press (MA)
ISBN: 9780262220606
Category : Business & Economics
Languages : en
Pages : 446
Book Description
Applies a modern game-theoretic approach to develop a theory of oligopoly pricing. The text relates classic contributions to the field of modern game theory and discusses basic game-theoretic tools and equilibrium, paying particular attention to developments in the theory of supermodular games.
The Economics of Competition, Collusion and In-between
Author: Claude d’AspremontPublisher: Springer Nature
ISBN: 303063602X
Category : Business & Economics
Languages : en
Pages : 160
Book Description
This book provides a methodology for the analysis of oligopolistic markets from an equilibrium viewpoint, considering competition within and between groups of firms. It proposes a well-founded measure of competitive toughness that can be used in empirically relevant applications. This measure reflects the weight put by each firm on competition for market share relative to competition for market size – two dimensions of competition involving conflicting and convergent interests, respectively. It further explores several applications, such as the effect of tougher competition on innovation and of output market power on the emergence of involuntary unemployment, as well as the importance of strategic interactions for investment decisions. Relative to the dominant model of monopolistic competition, The Economics of Competition, Collusion and In-between aims to explore an alternative tractable model of firm competition opening the application of oligopoly theory to many fields in economics where general equilibrium features are crucial. It will be relevant to those interested in applied industrial organization, trade, macroeconomics (in particular macrodynamics) and quantitative economics.
Spatial Pricing and Differentiated Markets
Author: George NormanPublisher: Taylor & Francis
ISBN: 9780850861211
Category : Business & Economics
Languages : en
Pages : 190
Book Description
The Economics of Imperfect Competition
Author: Melvin L. GreenhutPublisher: Cambridge University Press
ISBN: 9780521315647
Category : Business & Economics
Languages : en
Pages : 432
Book Description
This new approach to traditional price theory and to the analysis of imperfect competition represents a breakthrough in the development of a "new" microeconomic theory. Addresses issues in price theory, industrial organization, international trade and regional urban economics.
Discrete Choice Theory of Product Differentiation
Author: Simon P. AndersonPublisher: MIT Press
ISBN: 9780262011280
Category : Business & Economics
Languages : en
Pages : 454
Book Description
"The discrete choice approach provides an ideal framework for describing the demands for differentiated products and can be used for studying most product differentiation models in the literature. By introducing extra dimensions of product heterogeneity, the framework also provides richer models of firm location and product selection."--BOOK JACKET.