On Nash equilibrium in prices in an oligopolistic market with demand characterized by a nested multinomial logit model and multiproduct firm as nest
Working paper
View/ Open
Date
2006Metadata
Show full item recordCollections
- Discussion Papers [1002]
Abstract
Abstract:
This note provides a proof on existence and uniqueness of Nash equilibrium in prices in a market
where the demand side is characterized by a nested multinomial logit model with multiproduct firm as
nest and the supply side consists of oligopolistic price-setting multiproduct firms with each producing
various differentiated variants.
Keywords: oligopolistic market, multiproduct firm, nested multinomial logit model, Nash equilibrium
Publisher
Statistics Norway, Research DepartmentSeries
Discussion Papers;No. 454Related items
Showing items related by title, author, creator and subject.
-
The impacts of alternative policy instruments on environmental performance. A firm level study of temporary and persistent effects
Bye, Brita; Klemetsen, Marit Elisabeth (Discussion papers;788, Working paper, 2014-10)We study the effects of various environmental regulations on environmental performance measured as emission intensity. Moreover, we aim to test whether any such effects are persistent or only temporary. Conventional theory ... -
The welfare effects of carbon policies: grandfathered quotas versus differentiated taxes
Bye, Brita; Nyborg, Karine (Discussion Papers;No. 261, Working paper, 1999)Recently, it has been demonstrated that pre-existing distortionary taxes can substantially increase the costs of market-based instruments which do not raise revenue, such as non-auctioned emissions quotas. Revenue-raising ... -
Labour market rigidities and environmental tax reforms : welfare effects of different regimes
Bye, Brita (Discussion Papers;No. 242, Working paper, 1998)The working of the labour market is important for the total welfare effects of tax reforms. This paper analyses, by using a computable general equilibrium model for the Norwegian economy, how different assumptions about ...