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

Gang Liu ()
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Gang Liu: Statistics Norway, https://www.ssb.no/en/forskning/ansatte

Discussion Papers from Statistics Norway, Research Department

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 (search for similar items in EconPapers)
JEL-codes: C25 C62 C72 D43 L13 (search for similar items in EconPapers)
Date: 2006-04
New Economics Papers: this item is included in nep-com, nep-dcm, nep-ind and nep-mic
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:ssb:dispap:454

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