The “PCAIDS” class contains all the information needed to
calibrate a PCAIDS
demand system and perform a merger simulation analysis under the assumption that
firms are playing a differentiated Bertrand products pricing game.
Arguments
Objects from the Class
Objects can be created by using the constructor pcaids.
Slots
Let k denote the number of products produced by all firms.
knownElast:
A negative number equal to the pre-merger own-price
elasticity for any of the k products.
knownElastIndex:
An integer equal to the position of the
`knownElast' product in the ‘shares’ vector.
Extends
Class '>AIDS, directly.
Class '>Linear, by class '>AIDS, distance 2.
Class '>Bertrand, by class '>Linear, distance 3.
Class '>Antitrust, by class '>Bertrand, distance 4.
Methods
calcSlopes
signature(object)
Uncover nested CES demand
parameters. Assumes that firms are currently at equilibrium in a
differentiated product Bertrand Nash pricing game.