Quantitative Techniques for Competition and Antitrust Analysis 2 ppt
Quantitative Techniques for Competition and Antitrust Analysis by Peter Davis and Eliana Garcés_3 pptx
... what can be achieved in an investigation) and reasonable empirical strategies for compensating for missing information and (2) there is variation in 126 3. Estimation of Cost Functions tiproduct ... 1 in magnitude. 26 For a further discussion of the formalities of identification, see the annex to this chapter (section 2. 5). 27 A discussion of identification of supply and deman...
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Quantitative Techniques for Competition and Antitrust Analysis by Peter Davis and Eliana Garcés_6 pdf
... 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 ... c 1 p 1 6 1 Á 11 .p 1 ;p 2 ;:::;p J / C p 2 c 2 p 1 DR 12 and analogously the price increase for product 2 will be profitable if p 2 c...
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Quantitative Techniques for Competition and Antitrust Analysis by Peter Davis and Eliana Garcés_13 pot
... are Á 11 D @Q 1 @P 1 P 1 Q 1 D P 1 Q 1 .b 11 / and Á 22 D @Q 2 @P 2 P 2 Q 2 D P 2 Q 2 .b 22 /: 18 See, for example, the CC report on Groceries available at www .competition- commission.org.uk/ inquiries/ref2006/grocery/index.htm. 19 See ... is satisfied: Á 12 D @ ln Q 1 @ ln P 2 D @Q 1 @P 2 P 2 Q 1 D P 2 Q 1 b 12 ; Á 21 D @ ln Q 2 @ ln P 1 D @Q 2 @P 1 P...
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Quantitative Techniques for Competition and Antitrust Analysis_1 pdf
... .1;400/ 2 .1:5/= .2 3;500/ D £ 420 million. Harberger triangles need not always be small. For Lara, Adrian, and Tristan For Sara This page intentionally left blank Quantitative Techniques for Competition ... since understanding these key elements of economic analysis is crucial for an appropriate use of quantitative techniques. 1.1 Demand Functions and Demand Elas...
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