ITEM METADATA RECORD
Title: Testable implications for the Bresnahan-Lau model of market competition
Authors: Cherchye, Laurens
Demuynck, Thomas
De Rock, Bram
Issue Date: 2010
Publisher: KULeuven CES
Series Title: CES - Discussion paper series DPS10.11 pages:1-7
Abstract: We derive necessary and sufficient testable implications on the reduced form price and quantity functions for the Bresnahan-Lau model of market competition. The conditions are twofold. A first condition relates to the fact that the reduced form price function should correspond to an inverse demand function. The second condition captures that the degree of competition must be invariant to changes in the exogenous variables.
Publication status: published
KU Leuven publication type: IR
Appears in Collections:Research Center of Public Economics, Leuven
Department of Economics, Leuven - miscellaneous
Faculty of Business and Economics, Campus Kulak Kortrijk – miscellaneous
Mathematics, Campus Kulak Kortrijk

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