Quantitative Techniques for Competition and Antitrust Analysis 1 pdf

... the United Kingdom of data from 19 92, September 16 , 19 92 would stand out because for one day interest rates went up from 10 to 12 % (and were announced to go up to 15 %) as the government attempted ... y it (see, for example, Imbens andAngrist 19 94; Angrist 2004). 41 Milyo and Waldfogel (19 99), for example, collected data on prices from liquor stores near the border of...

Ngày tải lên: 21/06/2014, 14:20

... prices p 2 =p 1 11 Profitability calculation: p 1  c 1 p1 ‹ 6 1 Á 11 .p 1 ;p 2 ;:::;p J / C p 2  c 2 p 2 p 2 p 1 DR 12 ; 0 :1 6 1 2 C 0:2  1  0:29 D 0:56 p 2  c 2 p1 ‹ 6 1 Á 22 .p 1 ;p 2 ;:::;p J / C p 1  ... linear-in-parameters differentiated product demand system: ln q 1 D Á 10 C Á 11 ln p 1 C Á 12 ln p 2 C Á 13 ln p 3 C C Á 1J ln p J C x 0...

Ngày tải lên: 21/06/2014, 14:20

... 3. 41 0.00 [0.43 0 .11 ] Quarter 1 0 .10 0. 01 9.23 0.00 [0 .12 0.08] Quarter 2 0. 01 0. 01 1. 99 0.05 [0.02 0.00] Quarter 3 0. 01 0.00 3. 71 0.00 [0. 01 0.02] Constant 8.69 0.25 34. 71 0.00 [8 .19 ... after-market goods. 21 17 For completeness, the own-price elasticities in the linear demand system we study in this section are Á 11 D @Q 1 @P 1 P 1 Q 1 D P 1...

Ngày tải lên: 21/06/2014, 14:20

... Outcomes Clinker 1. 1 lb 1. 1 lb Water 0.3 lb Fuel 3,400 BTU Cement 0 .1 lb Limestone 0 .1 lb Clay 0 .1 lb Others 0 .1 lb Rock 0.4 lb Electricity 11 5 BTU 70 BTU Refuse 0 .1 lb Cemen t 1 lb Gypsum 0 .1 lb Shell 1 ... since understanding these key elements of economic analysis is crucial for an appropriate use of quantitative techniques. 1. 1 Demand Functions and Deman...

Ngày tải lên: 21/06/2014, 10:20