Bargaining-Classes {antitrust} | R Documentation |
“Bargaining” Classes
Description
Each class contains all the information needed to calibrate a specific type of demand system and perform a merger simulation analysis under the assumption that firms are playing a differentiated products Nash Bargaining game.
The “Bargaining” class is a building block used to create other classes in this package. As such, it is most likely to be useful for developers who wish to code their own calibration/simulation routines.
The “BargainingLogit” class has the information for a Nash Bargaining game with Logit demand.
Let k denote the number of products produced by all firms below.
Slots
bargpowerPre
A length k vector of pre-merger bargaining power parameters.
bargpowerPre
A length k vector of post-merger bargaining power parameters.
prices
A length k vector of of observes prices.
margins
A length k vector of of observes margins.
Objects from the Class
Objects can be created by calls of the form new("Bargaining", ...)
.