Simulation is the use of a structural economic model to predict the effects of a change in economic conditions or policy. Simulation has wide application in competitive analysis, from merger review to the calculation of damages in antitrust and patent infringement litigation. It provides a...

Differentiated products are the central economic focus of competition in consumer goods products such as cereal, soda, and beer. We first estimate demand models which do not restrict unduly the pattern of consumer preferences as does much previous research in the area of differenciated products....

pt. 1. Context consolidated gold fields. 1. The Consolidated Gold Fields of South Africa ; 2. New horizons for a British mining house -- pt. 2. Early investments in Australia. 3. Western Australian gold ; 4. Broader associations ; 5. Lake George and New Guinea -- pt. 3. A new force in Australian...