Author (Person) | Ulrick, Shawn W |
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Publisher | Taylor & Francis |
Series Title | European Competition Journal |
Series Details | Volume 10, Number 1, Pages 123-153 |
Publication Date | January 2014 |
ISSN | 1744-1056 |
Content Type | Journal Article |
Introduction: "The purpose of this paper is to provide an introduction to these AIDS-based demand systems. I discuss derivation of the AIDS model from its microeconomic foundations, clearly state the assumptions underlying AIDS and provide a primer on how to implement the model in practice. I use a high level of detail to show every step of the AIDS process. I detail the algebra because the original articles by either D&M or Hausman
et al skip most of the steps. I discuss using the AIDS model by itself and in two variations of Hausman et al’s multilevel systems. Finally, I briefly discuss some pitfalls common to all demand systems."
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Source Link | Link to Main Source https://doi.org/10.5235/17441056.10.1.123 |
Subject Categories | Internal Markets |
Subject Tags | Competition Law | Policy, Diseases |
Keywords | Antitrust | Cartels | Dominant Position | Market Abuse |