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In this paper we propose a novel method to identify the conditional average treatment effect partial derivative (ATEPD) in an environment in which the treatment is endogenous, the treatment effect is heterogeneous, the candidate “instrumental variables” can be correlated with latent errors,...
Persistent link: https://www.econbiz.de/10012969564
The practice of selling multiple products or services under nonlinear pricing has a long history in the business community. Consumers may face demand uncertainty when choosing a service plan, and preferences for multiple products or services may be inter-dependent. To examine a demand system...
Persistent link: https://www.econbiz.de/10012890524
I develop a multiproduct nonlinear pricing model where a firm sells both discrete and continuous goods/services to consumers with multidimensional heterogeneity. I derive the optimal selling mechanism and provide primitive conditions under which different bundling strategies arise. Exploiting...
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The primary goal of our paper is to quantify the importance of imperfect competition in the U.S. construction industry by estimating the size of rents earned by American firms and workers. To obtain a comprehensive measure of the total rents and to understand its sources, we take into account...
Persistent link: https://www.econbiz.de/10012831408
The primary goal of our paper is to quantify the importance of imperfect competition in the U.S. construction industry by estimating the size of rents earned by American firms and workers. To obtain a comprehensive measure of the total rents and to understand its sources, we take into account...
Persistent link: https://www.econbiz.de/10012481519
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