Farias, Vivek; Ifrach, Bar; Weintraub, Gabriel - Society for Economic Dynamics - SED - 2012
We consider dynamic oligopoly models in the spirit of Ericson and Pakes (1995). We introduce a new computationally tractable model for industries with a few dominant firms and many fringe firms. This is a prevalent market structure in consumer and industrial goods. In our model, firms keep track...