Template-type: ReDif-Paper 1.0
Author-Name: Bos, Iwan
Author-workplace-name: RS: GSBE Theme Conflict & Cooperation, Organisation,Strategy & Entrepreneurship
Author-Name: Vermeulen, Dries
Author-workplace-name: RS: GSBE Theme Data-Driven Decision-Making, RS: GSBE Theme Conflict & Cooperation, QE Operations research
Title: On the Microfoundation of Linear Oligopoly Demand
Abstract: We critically assess the representative consumer model that forms the foundation of a well-known class of linear oligopoly demand structures. It is argued that this approach has several limitations. We present an alternative microeconomic foundation by deriving the same demand system directly from a population of heterogeneous buyers. Our approach can be easily adapted to different demand specifications.
Classification-JEL: b40,l10
Series: GSBE Research Memoranda
Creation-Date: 20190128
Number: 004
File-URL: https://cris.maastrichtuniversity.nl/ws/files/32336680/RM19004.pdf
File-Format: application/pdf
File-Size: 486666
Handle: Repec:unm:umagsb:2019004
DOI: 10.26481/umagsb.2019004