Price equilibrium in address models of product differentiation: unit-elastic demand

B-Tier
Journal: Economic Theory
Year: 2002
Volume: 20
Issue: 4
Pages: 849-860

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

I present a class of address models of product differentiation with unit-elastic individual demand and show the existence of Nash equilibrium in prices under assumptions on utility functions and the taste and income heterogeneity across consumers. This paper complements the work by Caplin and Nalebuff (1991, Econometrica), who analyze unit demand models of product differentiation.

Technical Details

RePEc Handle
repec:spr:joecth:v:20:y:2002:i:4:p:849-860
Journal Field
Theory
Author Count
1
Added to Database
2026-01-28