effects. -- Welfare ; Consumer Surplus ; Price Effect ; Nonseparable Model ; Nonparametric ; Quantile ; Endogeneity …This paper proposes a framework to model empirically welfare effects that are associated with a price change in a … population of heterogeneous consumers. Individual demands are characterized by a nonseparable model which is nonparametric in the …

, simulations suggest that an optimal policy path to balance consumer and producer welfare and meet the higher societal objective of …

We study the consumer welfare effects of mergers in airline networks. Based on the development of a general … reductions observed for routes without any premerger overlap suggest that the merger led to a net increase in consumer welfare. …