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The Difference-in-Differences Approach in the Estimation of Cartel Damage
Maier-Rigaud, Frank P.; Sudaric, Slobodan - 2019
A crucial step in the quantification of damage in the context of damages claims is the estimation of the counterfactual … Difference-in-Differences (“DiD”) estimation procedure for the estimation of counterfactual prices. While DiD is a very powerful … estimation method, it is demanding in terms of conditions that need to be satisfied to allow a proper application, notably the …
Persistent link: https://www.econbiz.de/10014105810
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Competition Among Spatially Differentiated Firms : An Estimator with an Application to Cement
Miller, Nathan - 2017
We develop an estimator for models of competition among spatially differentiated firms. In contrast to existing methods (e.g., Houde (2009)), the estimator has flexible data requirements and is implementable with data that are observed at any level of aggregation. Further, the estimator is the...
Persistent link: https://www.econbiz.de/10012975988
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Identification and Estimation of Differentiated Products Models Using Cost Data
Byrne, David P. - 2019
shocks and thus biased. We also apply our method to the estimation of deposit demand in the US banking industry …
Persistent link: https://www.econbiz.de/10012904513
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Estimating Cartel Damages with Model Averaging Approaches
Tsay, Wen-Jen - 2021
This research suggests an easy-to-implement forecast combination procedure to deal with the model uncertainty issues when evaluating the cartel damages. We combine the Mallows model averaging (MMA) method with both the dummy variable (DV) and forecasting approaches to investigate the famous...
Persistent link: https://www.econbiz.de/10013243491
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Estimating Vitamin Cartel’s Overcharges : A Time-Series Approach
Mehta, Kirtikumar - 2023
An important issue in estimating cartel overcharges is to have a reliable estimate of the but-for-the-cartel price. While the cartel price is observable, the but-for-the-cartel price is not. A construction of the but-for-cartel-price evolution by assuming perfect competition, i.e. that price...
Persistent link: https://www.econbiz.de/10014348952
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A tailor-made test of intransitive choice
Baillon, Aurélien; Bleichrodt, Han; Cillo, Alessandra - In: Operations research 63 (2015) 1, pp. 198-211
Persistent link: https://www.econbiz.de/10010519495
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Decomposing portfolio value-at-risk : a general analysis
Hallerbach, Winfried G. - 1999 - This rev.: May 10, 1999
orhistorical and Monte Carlo simulation methods. Although these approaches to overall VaR estimation have receivedsubstantial … proposed estimation approach pairs intuitiveappeal with computational efficiency. We evaluate various alternative estimation …
Persistent link: https://www.econbiz.de/10011301159
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Asymmetries in conditional mean and variance : modelling stock returns by asMA-asQGARCH
Brännäs, Kurt; Gooijer, Jan G. de - 2000
The asymmetric moving average model (asMA) is extended to allow forasymmetric quadratic conditional heteroskedasticity (asQGARCH). Theasymmetric parametrization of the conditional variance encompassesthe quadratic GARCH model of Sentana (1995). We introduce a framework fortesting asymmetries in...
Persistent link: https://www.econbiz.de/10011303289
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Deriving a lower bound for the proportion of perceivers in replicated difference tests by means of multiple test theory
Meyners, Michael - 2002
Analyzing repeated difference tests aims in significance testing for differences as well as in estimating the mean discrimination ability of the consumers. In addition to the average success probability, the proportion of consumers that may detect the difference between two products and...
Persistent link: https://www.econbiz.de/10009770524
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Estimating trade policy effects with structural gravity
Piermartini, Roberta; Yotov, Yoto V. - 2016
The objective of this manuscript is to serve as a practical guide for estimations with the structural gravity model. After a brief review of the theoretical foundations, we summarize the main challenges with gravity estimations and we review the solutions to address those challenges. Then, we...
Persistent link: https://www.econbiz.de/10011509468