haku: @author Cotterill, R.W. / yhteensä: 2
viite: 2 / 2
« edellinen | seuraava »
Tekijä: | Kim, D. Cotterill, R.W. |
Otsikko: | Cost pass-through in differentiated product markets: the case of U.S. processed cheese |
Lehti: | Journal of Industrial Economics
2008 : MAR, VOL 56:1 p. 32-48 |
Asiasana: | demand analysis usa brands prices competition consumers |
Vapaa asiasana: | cheese |
Kieli: | eng |
Tiivistelmä: | In this article a mixed logit model for demand in the U.S. processed cheese market is estimated. The estimates are used to determine pass-through rates of cost changes under different behavioral regimes. It is found that under collusion the pass-through rates for all brands fall between 21 % and 31 % while under Nash-Bertrand price competition, the range of pass-through rates is between 73 % and 103 %. The mixed logit model provides a more flexible framework for studying pass-through rates than the logit model since the curvature of the demand functions depends upon the empirical distribution of consumer types. |
« edellinen | seuraava »
SCIMA