Moraga-González, José Luis; Wildenbeest, Matthijs R. - In: European Economic Review 52 (2008) 5, pp. 820-848
In a recent paper Hong and Shum [2006. Using price distributions to estimate search costs. Rand Journal of Economics 37, 257-275] present a structural method to estimate search cost distributions. We extend their approach to the case of oligopoly and present a new maximum likelihood method to...