Identification of the oligopoly solution concept in a differentiated-products industry

Aviv Nevo

doi:10.1016/s0165-1765(98)00061-5

Identification of the oligopoly solution concept in a differentiated-products industry

Aviv Nevo^*

^*Corresponding author for this work

Economics

Research output: Contribution to journal › Article › peer-review

47 Scopus citations

Abstract

A central part of the "new empirical industrial organization" has been the study of market power in homogenous-product industries. This paper discusses extension of these methods to differentiated-products industries. The requirements for identification of conjectural variation parameters are shown to be hard to satisfy in practice. An alternative menu-approach is discussed.

Original language	English (US)
Pages (from-to)	391-395
Number of pages	5
Journal	Economics Letters
Volume	59
Issue number	3
DOIs	https://doi.org/10.1016/s0165-1765(98)00061-5
State	Published - Jun 1 1998

Keywords

Conjectural variation parameters
Differentiated-products
L13
Market power

ASJC Scopus subject areas

Finance
Economics and Econometrics

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