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Empirically studying dynamic competition in oligopoly markets requires dealing with large states spaces and tackling difficult computational problems, while handling heterogeneity and multiple equilibria. In this paper, we discuss some of the ways recent work in Industrial Organization has dealt...
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Empirically studying dynamic competition in oligopoly markets requires dealing with large states spaces and tackling difficult computational problems, while handling heterogeneity and multiple equilibria. In this paper, we discuss some of the ways recent work in Industrial Organization has dealt...
Persistent link: https://www.econbiz.de/10010332122
Persistent link: https://www.econbiz.de/10011399104
We review important developments in Empirical Industrial Organization (IO) over the last three decades. The paper is organized around six topics: collusion, demand, productivity, industry dynamics, interfirm contracts, and auctions. We present models that are workhorses in empirical IO, and...
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What effect does rising income inequality have on mortality rates in developed countries? In particular, does the rise of the super-wealthy or the top 0.01% of the population effect overall health of the population? This paper focuses on the effect of rising income inequality on mortality rates...
Persistent link: https://www.econbiz.de/10011624653