Deterministic heterogeneity in tastes and product differentiation in the K-logit model

Dominique Rajaonarison

Economics Letters, 2008, vol. 100, issue 3, 396-398

Abstract: In this paper we use the K-deformed multinomial logit model to study product differentiation. The focus is on the economic interpretation of the deformation parameter which is the key parameter of this model. Then we establish the relationship between this parameter and probability choice, price elasticity and markup.

Date: 2008
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0165-1765(08)00085-2
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:100:y:2008:i:3:p:396-398

Access Statistics for this article

Economics Letters is currently edited by Economics Letters Editorial Office

More articles in Economics Letters from Elsevier
Bibliographic data for series maintained by Catherine Liu ().