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来源类型Working Paper
规范类型报告
DOI10.3386/w22811
来源IDWorking Paper 22811
Complementarity without Superadditivity
Steven Berry; Philip Haile; Mark Israel; Michael Katz
发表日期2016-11-14
出版年2016
语种英语
摘要The distinction between complements, substitutes, and independent goods is important in many contexts. It is well known that when consumers’ conditional indirect utilities for two goods are superadditive, the goods are gross complements. Generalizing insights in Gans and King (2006) and Gentzkow (2007), we show that superadditivity between one pair of goods can also introduce complementarity between competing pairs of goods. One implication is that lower prices can result from a merger between producers of goods that themselves offer no superadditivity.
主题Industrial Organization ; Market Structure and Firm Performance ; Antitrust
URLhttps://www.nber.org/papers/w22811
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/580485
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GB/T 7714
Steven Berry,Philip Haile,Mark Israel,et al. Complementarity without Superadditivity. 2016.
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