Werden, Gregory; Froeb, Luke; Tardiff, Timothy - In: International Journal of the Economics of Business 3 (1996) 1, pp. 83-105
Qualitative choice models, such as the logit model, can capture important firm and product asymmetries. This paper surveys use of the logit model in industrial organization, with special focus on its application to merger analysis. The basic model and its motivation are reviewed, as is its...
