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We present the first empirical estimation of a structural model taking into account explicitly the endogenous buyer power of downstream players facing two part tariffs contracts offered by the upstream level. We consider vertical contracts between manufacturers and retailers where resale price...
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We show how to use a long period of observation of all food purchases at the household level to infer the profile of average individual caloric intakes according to the gender, age and the body mass index of household members. Using data from France, we apply this method to analyze the...
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Since the 1980s, privatization of formerly state-owned firms has been extensively implemented by governments across Latin America. Despite the fact that most evaluations of the process fail to find significant adverse welfare effects, there has been a strong surge in public discontent with such...
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