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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w24816 |
来源ID | Working Paper 24816 |
Empirical Properties of Diversion Ratios | |
Christopher T. Conlon; Julie Holland Mortimer | |
发表日期 | 2018-07-16 |
出版年 | 2018 |
语种 | 英语 |
摘要 | The diversion ratio for products j and k can be interpreted as the result of an experiment: increase the price of product j, measure the number of consumers who leave product j, and then measure the fraction of leavers who switch to a substitute product k. In theory, this is expressed as the ratio of demand derivatives that enter the multi-product Bertrand-Nash first-order condition for a firm. In practice, diversion ratios are also measured from second-choice data or customer switching surveys. We establish a LATE interpretation of diversion ratios, and show how diversion ratios can be obtained from different interventions (price changes, quality changes, assortment changes) and how those different measures relate to one another and to the underlying properties of demand. |
主题 | Industrial Organization ; Market Structure and Firm Performance ; Antitrust |
URL | https://www.nber.org/papers/w24816 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/582490 |
推荐引用方式 GB/T 7714 | Christopher T. Conlon,Julie Holland Mortimer. Empirical Properties of Diversion Ratios. 2018. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w24816.pdf(725KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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