Identification of the oligopoly solution concept in a differentiated - products industry *
نویسنده
چکیده
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. 1998 Elsevier Science S.A.
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