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This paper uses an original panel dataset with posted prices and sales to estimate a dynamic demand. We find that consumers become more price sensitive as time to departure nears which is consistent with having lower valuations. This result provides empirical support to a key theoretical...
Persistent link: https://www.econbiz.de/10011396586
Empirically studying dynamic competition in oligopoly markets requires dealing with large states spaces and tackling difficult computational problems, while handling heterogeneity and multiple equilibria. In this paper, we discuss some of the ways recent work in Industrial Organization has dealt...
Persistent link: https://www.econbiz.de/10010332122
This contribution presents an efficient solution method for solving the major short-term planning problems which occur, if lot production has to be managed. In our focus are the two most important aspects, i.e. lot sizing and scheduling. Since both problems heavily interact, we propose an...
Persistent link: https://www.econbiz.de/10011558736
We use high frequency data on TV and radio advertising together with data on online sales for lottery tickets to measure the short run effects of advertising. We find them to be strong and to last for up to about 4 hours. They are the bigger the less time there is until the draw. We develop the...
Persistent link: https://www.econbiz.de/10011872137
This paper develops techniques to analyze the adoption decisions of bothconsumers and firms for competing platform intermediaries in two-sidedmarkets, and applies the methodology to empirically measure the impactof vertical integration and exclusive contracting in thesixth-generation of the U.S....
Persistent link: https://www.econbiz.de/10009435130
This dissertation consists of three chapters relating to dynamic demand models of storable goods and their application to taxes that are imposed on soft drinks. Broadly speaking, the first chapter builds the estimation strategy for dynamic demand models of storable goods that allows for...
Persistent link: https://www.econbiz.de/10009475392
This paper develops a new approach that combines firm margins, market-level industry data and a static demand model to construct sets containing unbiased estimates of long-run price elasticities for storable good industries. It obviates the need to solve the consumer's value function and can be...
Persistent link: https://www.econbiz.de/10012621134
Health-maximizing and welfare-maximizing behaviors can be at odds, especially among disadvantaged groups, generating health disparities. We estimate a lifecycle model of medication and labor supply decisions using data on HIV-positive men. We evaluate an effective HIV treatment innovation that...
Persistent link: https://www.econbiz.de/10013470474
Economic growth followed by urbanization and food supply modernization in developing countries would lead to substantial changes in food demand. Global agri-food systems are undergoing a rapid transformation towards high-value and high-quality products. China would be a good and important...
Persistent link: https://www.econbiz.de/10010512637
Persistent link: https://www.econbiz.de/10010515210