An aggregative approach to pricing equilibrium among multi‐product firms with nested demand.
I show equilibrium existence for a price‐setting game among multi‐product firms facing a nested logit/CES demand. As opposed to previous research I allow arbitrary firm/nest overlap, making the result relevant for applied work. Additionally, under easy‐to‐verify conditions, I show that there exist e...
| Publicado en: | RAND Journal of Economics (Wiley-Blackwell) Vol. 55; no. 3; pp. 359 - 375 |
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| Formato: | Artículo |
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Wiley-Blackwell
Sep2024
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| Acceso en línea: | Ver este registro en EBSCOhost |