Given various recent antitrust investigations on the retail sector, we deal with uncovering demand systems substitution …. drugstores). Using the uncovered demand system we compute retail and manufacturer margins and combine those with standard market …

We characterize the optimal dynamic price policy of a monopolist who faces quot;viscousquot;demand for its services …. Demand is viscous if it adjusts relatively slowly to price changes.We show that with the optimal policy the monopolist stops …

In many markets, demand adjusts slowly to changes inprices, i.e., demand is quot;viscous.quot; For such a market, the … paper I explore some problems in strategic dynamicpricing of a service, in the presence of viscous demand, for simple models …

Applied researchers most often estimate the demand for differentiated products assuming that at most one item can be … a two-step method. First, using a novel inversion result in which demand can exhibit Hicksian complementarity, I recover … implementation is straightforward, essentially as a standard BLP estimator. Finally, I estimate the demand for Ready-To-Eat (RTE …

In this paper we introduce a new approach to estimating differentiated product demand systems that allows for products … with zero sales in the data. Zeroes in demand are a common problem in product differentiated markets, but fall outside the … scope of existing demand estimation techniques. Our solution to the zeroes problem is based on constructing bounds for the …

We present novel identification and estimation results for a mixed logit model of demand for bundles with endogenous … cost shifters. We propose a new demand inverse in the presence of complementarity that enables to concentrate out of the … of dimensionality inherent in estimation. To illustrate the use of our methods, we estimate demand and supply in the US …

In this paper we introduce a new approach to estimating a differentiated product demand system that allows for error in … demand estimation techniques. Although we find that error in market shares generally undermine the standard point … identification of discrete choice models of demand, we exploit shape restrictions on demand implied by discrete choice to generate a …

In this paper, we introduce a new approach to estimating differentiated product demand systems that allows for products … with zero sales in the data. Zeroes in demand are a common problem in differentiated product markets, but fall outside the … scope of existing demand estimation techniques. We show that with a lower bound imposed on the expected sales quantities, we …