ESTIMATING MARKUPS AND MARKET CONDUCT WITH MULTIDIMENSIONAL PRODUCT ATTRIBUTES

被引:79
作者
FEENSTRA, RC
LEVINSOHN, JA
机构
[1] UNIV MICHIGAN, ANN ARBOR, MI 48109 USA
[2] NATL BUR ECON RES, CAMBRIDGE, MA 02138 USA
关键词
D O I
10.2307/2297840
中图分类号
F [经济];
学科分类号
02 ;
摘要
We demonstrate how to estimate a model of 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 estimate price-cost margins for products differentiated in many dimensions.
引用
收藏
页码:19 / 52
页数:34
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