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February 26, 2009
An Exact Arithmetic SSNIP Test for Asymmetric Products
Posted by D. Daniel Sokol
Øystein Daljord of the Norwegian School of Economics and Business Administration provides An Exact Arithmetic SSNIP Test for Asymmetric Products.
ABSTRACT: The standard application of critical loss analysis to delineate markets is shown to be incorrect when products are asymmetric. A simple delineating criterion is derived that accounts for asymmetries between products without imposing equilibrium conditions or any specific demand structure.
February 26, 2009 | Permalink
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