Quantitative Techniques for Competition and Antitrust Analysis by Peter Davis and Eliana Garcés 13 pot

... questions and the more usual experience is to iterate back and forth between them. On the other hand, in the context of antitrust investigations, the question and laboratory may be very well defined. For ... caused by movement in costs (which is in addition to any variation in prices explained by movements in the demand curve caused by the exogenous demand shifting variables X...

Ngày tải lên: 21/06/2014, 14:20

... information about demand and in particular the own-price elastic- 40 This section draws on Harris and Simons (1989) and also the working papers by O’Brien and Wickelgren (2003) and by Katz and ... demand curve. First, following Landes and Posner (1981) and Scheffman and Spiller (1987) consider the dominant-firm model. In that model, the dominant firm faced a mar- ket deman...

Ngày tải lên: 21/06/2014, 14:20

... segment demand is 2:6 for premium beer, 2:7 for popular beer, and 2:4 for light beer. These price elasticities could be used as important evidence toward a formal test of the hypothesis that ... alternative functional form. For example, Berry et al. (1995) believe that the demand for a type of car will depend on a consumer’s level of income and work with the natural logarithm...

Ngày tải lên: 21/06/2014, 14:20

... small. For Lara, Adrian, and Tristan For Sara This page intentionally left blank Quantitative Techniques for Competition and Antitrust Analysis 8 1. The Determinants of Market Outcomes Demand at ... since understanding these key elements of economic analysis is crucial for an appropriate use of quantitative techniques. 1.1 Demand Functions and Demand Elasticities...

Ngày tải lên: 21/06/2014, 10:20