KIM, DONGHUN; COTTERILL, RONALD W. - In: Journal of Industrial Economics 56 (2008) 1, pp. 32-48
In this paper, we estimate a mixed logit model for demand in the U.S. processed cheese market. The estimates are used to determine pass-through rates of cost changes under different behavioral regimes. We find that, under collusion, the pass-through rates for all brands fall between 21% and 31%...