IDEAS home Printed from https://ideas.repec.org/a/ebl/ecbull/eb-19-01050.html
   My bibliography  Save this article

A generalization of the Dorfman-Steiner Formula: Advertising spillovers under imperfect competition

Author

Listed:
  • Takanori Adachi

    (School of Economics, Nagoya University)

Abstract

By using Weyl and Fabinger's (2013) conduct parameter approach, this note generalizes the Dorfman-Steiner formula to include the case of imperfect competition and advertising spillovers, and thereby extends Forbes' (1986) analysis of quantity competition. Furthermore, this generalization also allows the possibility of coordinated/collusive pricing by introducing Edgeworth's (1881) “coefficient of sympathy†as its micro-foundation, and generalizes Lambin's (1970) and Schmalensee's (1972) expressions of the Dorfman-Steiner formula in oligopoly.

Suggested Citation

  • Takanori Adachi, 2020. "A generalization of the Dorfman-Steiner Formula: Advertising spillovers under imperfect competition," Economics Bulletin, AccessEcon, vol. 40(2), pages 1300-1307.
    • Handle: RePEc:ebl:ecbull:eb-19-01050
    as

    Download full text from publisher

    File URL: http://www.accessecon.com/Pubs/EB/2020/Volume40/EB-20-V40-I2-P111.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Dorfman-Steiner Formula; Imperfect Competition; Conduct Parameter; Advertising Spillovers; Collusive Pricing;
    All these keywords.

    JEL classification:

    • L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
    • M3 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ebl:ecbull:eb-19-01050. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: John P. Conley (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.