On Nash equilibrium in prices in an oligopolistic market with demand characterized by a nested multinomial logit model and multiproduct firm as nest

dc.contributor.author	Liu, Gang
dc.date.accessioned	2011-11-20T19:49:42Z
dc.date.available	2011-11-20T19:49:42Z
dc.date.issued	2006
dc.identifier.issn	1892-753x
dc.identifier.uri	http://hdl.handle.net/11250/180711
dc.description.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	no_NO
dc.language.iso	eng	no_NO
dc.publisher	Statistics Norway, Research Department	no_NO
dc.relation.ispartofseries	Discussion Papers;No. 454
dc.subject	Multinomial logit model	no_NO
dc.subject	Oligopolistic market	no_NO
dc.subject	Nash equilibrium	no_NO
dc.subject	JEL classification: C25	no_NO
dc.subject	JEL classification: C62	no_NO
dc.subject	JEL classification: C72	no_NO
dc.subject	JEL classification: D43	no_NO
dc.subject	JEL classification: L13	no_NO
dc.title	On Nash equilibrium in prices in an oligopolistic market with demand characterized by a nested multinomial logit model and multiproduct firm as nest	no_NO
dc.type	Working paper	no_NO
dc.subject.nsi	VDP::Mathematics and natural science: 400::Mathematics: 410::Statistics: 412	no_NO
dc.source.pagenumber	14 s.	no_NO

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