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This paper reviews the recent literature on game-theoretic models of market structure and their empirical implementation.
Persistent link: https://www.econbiz.de/10010928801
This paper reviews the recent literature on game-theoretic models of market structure and their empirical implementation.
Persistent link: https://www.econbiz.de/10011126329
This paper reviews the recent literature on game-theoretic models of market structure and their empirical implementation.
Persistent link: https://www.econbiz.de/10005670774
Focusing on the interaction between national brands and private labels, this paper has two main empirical contributions: i) a simultaneous system of demand (share), price and expenditure equations is estimated, and ii) differences in the structure of the local geographic market are incorporated...
Persistent link: https://www.econbiz.de/10010635661
Focusing on the interaction between national brands and private labels, this paper has two main empirical contributions: i) a simultaneous system of demand (share), price and expenditure equations is estimated, and ii) differences in the structure of the local geographic market are incorporated...
Persistent link: https://www.econbiz.de/10005510739
A new 45-industry, 23-year, dataset for Japan is used to investigate the duration of industry leadership. A new scaling relationship linking a firm’s current market share with the standard deviation of market share changes is reported. This relationship discriminates in a powerful way between...
Persistent link: https://www.econbiz.de/10010992180
We analyze the rate of survival of hybrid seed corn in the U.S. market between 2000 and 2007 and find that product characteristics and market structures have significant impacts. The results suggest that survival rates depend on spillover effects of learning regarding genetically modified seeds...
Persistent link: https://www.econbiz.de/10010911088
climbed sharply in 2007 and companies branched out into new territories, intense competition for raw milk supplies …
Persistent link: https://www.econbiz.de/10010913576
maintained hypothesis of competition, or agreement, in quantity modeling. A major contribution of this paper is modeling pass …-through for a differentiated products market under the maintained hypothesis of price competition or price agreement. We estimate … simulation and related consumer welfare analysis under different regimes of competition. …
Persistent link: https://www.econbiz.de/10005310657
brands (separate from private label) at the retail level, Vertical Nash competition in the vertical channel, and Bretrand … competition at the manufacturing level. Our results strongly suggest that the retail market for food products is impacted by the … underlying vertical structure. The study provides useful measures of imperfect competition in the retail manufacturing sector. …
Persistent link: https://www.econbiz.de/10005014779