This is an invited chapter for the forthcoming Volume 4 of the Handbook of Industrial Organization. We present empirical models of demand and supply in differentiated products industries with an emphasis on the key ideas arising from the recent applied literature. We start with a discussion of...

The Baltimore Gas & Electric Company (BGE) undertook a dynamic pricing experiment to test customer price responsiveness to different dynamic pricing options. The pilot ran during the summers of 2008 and 2009 and was called the Smart Energy Pricing (SEP) Pilot. In 2008, it tested two types of...

This review surveys the growing literature on the econometrics of first-price sealed-bid auctions and nonlinear pricing. The complexity of the economic models has initiated fruitful collaborations between econometrics and empirical research. We review the benchmark models and their extensions,...