Estimating Demand and Oligopoly Pricing for Differentiated Products with Multiple Characteristics
1989 (English)Report (Other academic)
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.
Place, publisher, year, edition, pages
Stockholm: IIES , 1989. , 42 p.
Seminar Paper / Institute for International Economic Studies, Stockholm University, ISSN 0347-8769 ; 444
IdentifiersURN: urn:nbn:se:su:diva-41629OAI: oai:DiVA.org:su-41629DiVA: diva2:331612
Published in connection with a visit at the IIES.2010-07-232010-07-232010-07-23