price simulations; demonstrates that approximate price changes are often misleading indicators of exact price changes; and … uses bootstrap techniques to determine confidence intervals and standard errors for simulated price changes, allowing …

We present a method to calibrate empirically the demand parameters in a merger simulation model by using brand … especially close substitutes) and substantially increase the flexibility of PCAIDS for modeling critical own- and cross-price …

essential to move toward a more accurate post-merger price simulation model: change in marginal costs, change in product lines …Horizontal-merger price simulations, which rely upon pre-merger data to predict post-merger prices, have been proposed …-product industries makes empirical investigations of simulation performance extremely difficult, and raises many questions regarding the …