We consider nonparametric identification in models of differentiated products markets, using only market level observables. On the demand side we consider a nonparametric random utility model nesting random coefficients discrete choice models widely used in applied work. We allow for...

We consider nonparametric identification in models of differentiated products markets, using only market level observables. On the demand side we consider a nonparametric random utility model nesting random coefficients discrete choice models widely used in applied work. We allow for...

We present new identification results for nonparametric models of differentiated products markets, using only market level observables. We specify a nonparametric random utility discrete choice model of demand allowing rich preference heterogeneity, product/market unobservables, and endogenous...

This paper reports the results of an experiment designed to assess the ability of an incumbent seller to profitably foreclose a market with exclusive contracts. We use the strategic environment described by Rasmusen, Ramseyer, and Wiley (1991) and Segal and Whinston (2000) where entry is...

Different structures of lignite mines and power stations, which have appeared on the Polish market as a result of its transformation and the privatisation, were discussed. The attention is focused on the fact that the practice is overtaking the theory because there is lack of models of...

For methods of the profit division in the bilateral monopoly of the mine and the power station sug-gested in the first part of this paper the formulae for lignite price and shares in the joint profit of the mine and the power station are calculated. The proposed profit division contain: the...

This article analyses statistical reasoning of Spain’s Euro 2008 success. It argues that Spain success is related to its high level of domestic competition. This line argument was also supported with the examples from previous Euro football tournaments.

Purpose – Although strategic persistence remains a key issue in change management and strategy literature, our understanding of strategic persistence in the face of other businesses’ failure remains limited. This article examines factors that determine strategic persistence in the face of...

We provide a simple necessary and sufficient condition for when a multiproduct demand system can be generated from a discrete choice model with unit demands.

The "recovered businesses" are firms that after facing economic difficulties to continue to operate have been managed by staff with the clear intention to continue the operation with auto-coordination, usually taking the form of Cooperative Work. This phenomenon has intensively taken place after...