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We propose an approach to extend the standard framework of dynamic games to deal with multi-product firms. Our approach applies to industries with a large number of products offered by a small number of firms.
Persistent link: https://www.econbiz.de/10010270306
We propose an approach to extend the standard framework of dynamic games to deal with multi-product firms. Our approach applies to industries with a large number of products offered by a small number of firms.
Persistent link: https://www.econbiz.de/10003742968
Empirically studying dynamic competition in oligopoly markets requires dealing with large states spaces and tackling difficult computational problems, while handling heterogeneity and multiple equilibria. In this paper, we discuss some of the ways recent work in Industrial Organization has dealt...
Persistent link: https://www.econbiz.de/10008779949
Persistent link: https://www.econbiz.de/10010247760
Persistent link: https://www.econbiz.de/10010247765
Persistent link: https://www.econbiz.de/10003747273
Empirically studying dynamic competition in oligopoly markets requires dealing with large states spaces and tackling difficult computational problems, while handling heterogeneity and multiple equilibria. In this paper, we discuss some of the ways recent work in Industrial Organization has dealt...
Persistent link: https://www.econbiz.de/10013008740