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Resolving the Conflict on Conduct Parameter Estimation in Homogeneous Goods Markets between Bresnahan (1982) and Perloff and Shen (2012)

Matsumura, Yuri; Otani, Suguru - 2023

We revisit conduct parameter estimation in homogeneous goods markets to resolve the conflict between Bresnahan (1982) and Perloff and Shen (2012) regarding the identification and the accuracy of conduct parameter estimation. We point out that the proof of Perloff and Shen (2012) is incorrect and...

Persistent link: https://www.econbiz.de/10014358000

Resolving the conflict on conduct parameter estimation in homogeneous goods markets between Bresnahan (1982) and Perloff and Shen (2012)

Matsumura, Yuri; Otani, Suguru - In: Economics letters 229 (2023), pp. 1-3

Persistent link: https://www.econbiz.de/10014455358