In this paper I study the extent of competition in the computer CPU market with a dynamic duopoly model. Dynamics in the game come from learning-by-doing in the production process, where future production costs are reduced with current cumulative production. A behavioral parameter that nests...

In this paper we estimate a demand curve for Broadway shows and estimate average willingness to pay for information on the quality of the show. The data employed are weekly time series observations on attendance to Broadway performances and individual characteristics of each Broadway show...

We propose a new approach for estimating a “hybrid” New Keynesian Phillips Curve (NKPC)that includes demand pressures coming from disequilibrium relations in three differentmarkets: (1) monetary and financial, (2) international, and (3) labour. The results of theapplication of this approach...