CORDIS Project
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This project develops new economic models to analyze price variations in markets for differentiated products. It focuses on understanding the causes and effects of price dispersion, including how firms set prices based on consumer behavior and market dynamics.
Structural models of demand and supply in differentiated product markets are widely used for policy evaluation and in antitrust.
They typically consider firms set uniform prices and fail to explain price dispersion within products.
Yet, it is common that the same good is purchased at different prices and this has major consequences for consumers that standard models cannot analyze.
This proposal extends standard models to incorporate price dispersion.
These new structural models are used to shed…
FONDATION JEAN JACQUES LAFFONT,TOULOUSE SCIENCES ECONOMIQUES
Partner organizations (coordinator is shown above), with normalized type and CORDIS activity type. Guests see up to 4 partners.
France, TOULOUSE
Type: University / higher education
Activity type: Higher or Secondary Education Establishments
SME: No
ECOLE D'ECONOMIE ET DE SCIENCES SOCIALES QUANTITATIVES DE TOULOUSE - TSE
France, TOULOUSE
Type: University / higher education
Activity type: Higher or Secondary Education Establishments
SME: No
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