Work

Distance, Demand, and Oligopoly Pricing

Year: 1989

Type: report

Abstract: 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.

Source: National Bureau of Economic Research

DOI: 10.3386/w3076

Authors: Robert Feenstra, James Levinsohn

Institutions: National Bureau of Economic Research, University of California, Davis, University of Michigan

Language: English

Topic: Consumer Market Behavior and Pricing

Subfield: Marketing

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: green

OpenAlex ID: W1542554072

Cites:

Cited by: 13

Related to: 10