Estimating Markups and Market Conduct with Multidimensional Product Attributes.

The authors demonstrate how to estimate a model of oligopoly pricing when products are multidimensionally differentiated. They provide an empirical counterpart to recent theoretical work on product differentiation. Using specifications informed by economic theory, the authors estimate price-cost margins for products differentiated in many dimensions. Copyright 1995 by The Review of Economic Studies Limited.

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Year of publication:	1995
Authors:	Feenstra, Robert C ; Levinsohn, James A
Published in:	Review of Economic Studies. - Wiley Blackwell, ISSN 0034-6527. - Vol. 62.1995, 1, p. 19-52
Publisher:	Wiley Blackwell

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Extent:	application/pdf
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005242810