Introducing consumer heterogeneity in dynamic games with multi-product firms and differentiated product demand

This paper extends a discrete-choice model of differentiated product demand to consider consumer heterogeneity in dynamic games. Our approach applies to games involving both multi-product firms and static price competition.

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Year of publication:	2015
Authors:	Macieira, João
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 129.2015, C, p. 62-65
Publisher:	Elsevier
Subject:	Dynamic games \| Consumer heterogeneity \| Multi-product firms \| Differentiated product demand

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Type of publication:	Article
Classification:	C61 - Optimization Techniques; Programming Models; Dynamic Analysis ; D43 - Oligopoly and Other Forms of Market Imperfection ; L13 - Oligopoly and Other Imperfect Markets
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011263409