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Scalable Demand and Markups
Atalay, Enghin; Frost, Erika; Sorensen, Alan T.; … - 2023
We study changes in markups across 72 product markets from 2006 to 2018. A growing literature has documented a rise in … product markets. We find that changes in firms’ marginal costs and households’ price sensitivity are the primary drivers of …
Persistent link: https://www.econbiz.de/10014348639
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Econométrie de la concurrence entre produits différenciés : théorie et méthodes empiriques
Bonnet, C. - Département d'Économie et Sociologie Rurales, … - 2005
La concentration industrielle n'a cessé d'augmenter ces vingt dernières années. Cette concentration est présente autant chez les producteurs que chez les distributeurs. Par conséquent, analyser le pouvoir de marché est devenu primordial. La mesure du pouvoir de marché nécessite l'analyse...
Persistent link: https://www.econbiz.de/10005827739
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Structural Estimation of Sequential Games of Complete Information
Blevins, Jason R. - Ohio State University, Department of Economics - 2014
In models of strategic interaction, there may be important order of entry effects if one player can credibly commit to an action (e.g., entry) before other players. If one estimates a simultaneous-move model, then the move-order effects will be confounded with the payoffs. This paper considers...
Persistent link: https://www.econbiz.de/10010797483
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Product Boundary, Vertical Competition, and the Double Mark-Up Problem
Nahm, Jae Hyon; Cheng, Leonard K.H - 2005
' components into its own product, make its product less dependent on other firms providing complementary components. When one of … two firms expands its product boundary by incorporating the other firm's function into its own product, we find that the … firm's expansion of the product boundary may increase not only its own profits, but also the other firm's profits and …
Persistent link: https://www.econbiz.de/10014028561
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Scalable Demand and Markups
Atalay, Enghin; Frost, Erika; Sorensen, Alan T.; … - National Bureau of Economic Research - 2023
We study changes in markups across 72 product markets from 2006 to 2018. A growing literature has documented a rise in … product markets. We find that changes in firms' marginal costs and households' price sensitivity are the primary drivers of …
Persistent link: https://www.econbiz.de/10014287331
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Who decides to regulate? Lobbying activity in the US cellular industry
Duso, Tomaso - 2000
How does the choice to regulate a market take place? And how does regulation influence market outcome? We argue that to explicitly model the simultaneity between these two issues makes a qualitative difference in the analysis of the role of regulation, and empirically test our model in the U.S....
Persistent link: https://www.econbiz.de/10010278032
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Discrete Games with Flexible Information Structures : An Application to Local Grocery Markets
Grieco, Paul L.E. - 2011
Game-theoretic models are frequently employed to study strategic interaction between agents. Empirical research has focused on estimating payoff functions while maintaining strong assumptions regarding the information structure of the game. I show how to relax informational assumptions to...
Persistent link: https://www.econbiz.de/10013124114
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Borders, Geography, and Oligopoly : Evidence from the Wind Turbine Industry
Cosar, Kerem - 2014
Using a micro-level dataset of Danish and German wind turbine installations, we estimate a structural oligopoly model with cross-border trade and heterogeneous firms. Our approach allows us to separately identify border-related variable costs from distance-related variable costs, and to put...
Persistent link: https://www.econbiz.de/10013067553
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Market Structure and Competition in Airline Markets
Ciliberto, Federico - 2020
to biased estimation of demand elasticities. We simulate a merger between American and US Airways and find that product …
Persistent link: https://www.econbiz.de/10012855528
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Structural Analysis of Manufacturer Pricing in the Presence of a Strategic Retailer
Sudhir, K.; Kadiyali, Vrinda; Rao, Vithala R. - 2002
wholesale prices. Note that in the stores and product categories that we analyze, the two manufacturers own the dominant brands …
Persistent link: https://www.econbiz.de/10014124592