The LogitNestsALM class contains all the information needed to
calibrate a nested Logit
demand system under the assumption that the share of the outside
product is not known. Once the model parameters have been calibrated,
methods exist that perform a merger analysis under the assumption that
firms are playing a differentiated products Bertrand pricing game.
Arguments
Objects from the Class
Objects can be created by using the constructor function logit.nests.alm.
Extends
Class LogitNests, directly.
Class Logit, by class LogitNests, distance 2.
Class Bertrand, by class Logit, distance 3.
Class Antitrust, by class Bertrand, distance 4.