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  • 标题:On the consistent use of linear demand systems if not all varieties are available
  • 本地全文:下载
  • 作者:Felix Höffler
  • 期刊名称:Economics Bulletin
  • 电子版ISSN:1545-2921
  • 出版年度:2008
  • 卷号:4
  • 出版社:Economics Bulletin
  • 摘要:Linear demand formulations for price competition in horizontally differentiated products are sometimes used to compare situations where additional varieties become available, e.g. due to market entry of new firms. We derive a consistent demand system to analyze such situations and highlight potential problems that can arise from an inconsistent approach.
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