Quantitative Techniques for Competition and Antitrust Analysis 2 ppt
Quantitative Techniques for Competition and Antitrust Analysis by Peter Davis and Eliana Garcés_1 docx
... R 2 .p 1 / D c =2 C .a 2 C b 21 p 1 /=2b 22 ; (iii) c =2 C a 2 =2b 22 ;(iv)c =2 Ca 1 =2b 11 . or, more concisely, a i C b ij p j D .2p i c/b ii : Rearranging gives the best response function for the ... brand’s image. Suppose we face a market with two differentiated goods and the following linear demand system: Demand for good 1: q 1 D a 1 b 11 p 1 C b 12 p 2 ; De...
Ngày tải lên: 21/06/2014, 14:20
Quantitative Techniques for Competition and Antitrust Analysis by Peter Davis and Eliana Garcés_2 pptx
... 0.3 72 0 .24 3 0.150 — (0.041) (0 .23 1) (0.034) (0.018) — log.P Molson / 0.3 72 0.804 0.183 0.130 — (0 .23 1) (0.031) (0. 022 ) (0.0 12) — log.P Labatts / 0 .24 3 0.183 0.588 0. 028 — (0.034) (0. 022 ) (0.044) ... in Fisher (1980, 1986) and Finkelstein and Levenbach (1983). For more general econometrics texts, see, for example, Greene (20 07) and Wooldridge (20 07). And for...
Ngày tải lên: 21/06/2014, 14:20
Quantitative Techniques for Competition and Antitrust Analysis by Peter Davis and Eliana Garcés_3 pptx
... what can be achieved in an investigation) and reasonable empirical strategies for compensating for missing information and (2) there is variation in 126 3. Estimation of Cost Functions tiproduct ... 1 in magnitude. 26 For a further discussion of the formalities of identification, see the annex to this chapter (section 2. 5). 27 A discussion of identification of supply and deman...
Ngày tải lên: 21/06/2014, 14:20
Quantitative Techniques for Competition and Antitrust Analysis by Peter Davis and Eliana Garcés_5 pdf
... as p NE 1 p NE 2 D Â 4b 11 b 22 4b 11 b 22 b 12 b 21 ÃÂ c 1 2 C a 1 2b 11 C b 12 4b 11 Â c 2 C a 2 b 22 ÃÃ ÄÂ 4b 11 b 22 4b 11 b 22 b 12 b 21 ÃÂ c 2 2 C a 2 2b 22 C b 21 4b 22 Â c 1 C a 1 b 11 ÃÃ D Â c 1 2 C a 1 2b 11 C b 12 4b 11 Â c 2 C a 2 b 22 ÃÃ Â c 2 2 C a 2 2b 22 C b 21 4b 22 Â c 1 C a 1 b 11 ÃÃ ‹ D ... b 12 b 21 ÃÂ c...
Ngày tải lên: 21/06/2014, 14:20
Quantitative Techniques for Competition and Antitrust Analysis by Peter Davis and Eliana Garcés_6 pdf
... prices p 2 =p 1 11 Profitability calculation: p 1 c 1 p1 ‹ 6 1 Á 11 .p 1 ;p 2 ;:::;p J / C p 2 c 2 p 2 p 2 p 1 DR 12 ; 0:1 6 1 2 C 0 :2 1 0 :29 D 0:56 p 2 c 2 p1 ‹ 6 1 Á 22 .p 1 ;p 2 ;:::;p J / C p 1 ... c 1 p 1 6 1 Á 11 .p 1 ;p 2 ;:::;p J / C p 2 c 2 p 1 DR 12 and analogously the price increase for product 2 will be profitable if p 2 c...
Ngày tải lên: 21/06/2014, 14:20
Quantitative Techniques for Competition and Antitrust Analysis by Peter Davis and Eliana Garcés_8 pptx
... Delta 28 1 43 28 15.3 10.0 2 Eastern 25 7 33 36 12. 8 14.0 3 United 23 1 36 10 15.6 4.3 4 American 20 7 22 12 10.6 5.8 5 USAir 20 1 20 17 10.0 5.8 6 TWA 174 22 23 12. 6 13 .2 7 Braniff 1 12 10 20 8.9 ... Share 2 1 20 400 1 50 2, 500 2 20 400 2 20 400 3 20 400 3 5 25 4 20 400 4 5 25 5 20 400 5 5 25 —— — 6 5 25 CR(4) 80 CR(4) 80 HHI 2, 000 HHI 2, 950 used st...
Ngày tải lên: 21/06/2014, 14:20
Quantitative Techniques for Competition and Antitrust Analysis by Peter Davis and Eliana Garcés_12 potx
... Ch. 0.0 22 6 23 8 45 71 181 21 0 90 128 181 21 0 45 71 0.1 25 1 25 9 50 76 20 1 22 5 100 137 20 1 22 5 50 75 0 .2 2 82 285 56 83 22 6 24 5 113 148 22 6 24 3 56 80 0.3 322 319 64 92 258 27 0 129 1 62 258 26 7 64 ... 439 Date q sugar 1992q1 1995q3 1999q1 20 02q3 20 06q1 2, 000 2, 200 2, 400 2, 600 2, 800 Date P sugar 22 24 26 28 30 1992q1 1995q3 1999q1 20 02q...
Ngày tải lên: 21/06/2014, 14:20
Quantitative Techniques for Competition and Antitrust Analysis by Peter Davis and Eliana Garcés_13 pot
... are Á 11 D @Q 1 @P 1 P 1 Q 1 D P 1 Q 1 .b 11 / and Á 22 D @Q 2 @P 2 P 2 Q 2 D P 2 Q 2 .b 22 /: 18 See, for example, the CC report on Groceries available at www .competition- commission.org.uk/ inquiries/ref2006/grocery/index.htm. 19 See ... is satisfied: Á 12 D @ ln Q 1 @ ln P 2 D @Q 1 @P 2 P 2 Q 1 D P 2 Q 1 b 12 ; Á 21 D @ ln Q 2 @ ln P 1 D @Q 2 @P 1 P...
Ngày tải lên: 21/06/2014, 14:20
Quantitative Techniques for Competition and Antitrust Analysis by Peter Davis and Eliana Garcés_15 pptx
... 0.0545 (0.0036) Adjusted R 2 0.37 72 0.3953 0.7181 F -test for no fixed effects: Numerator DF: 668 Denominator DF: 1999 F value: 3 .26 2 Prob. >F: 0.000 Hausman test for random effects: Hausman’s M value: 622 .29 6 Prob. ... data from 10 .2. Measuring the Effect of Vertical Restraints 519 10 .2. 1 Informal and Semiformal Analysis of Incentives Informal quantitative analysis c...
Ngày tải lên: 21/06/2014, 14:20
Quantitative Techniques for Competition and Antitrust Analysis_1 pdf
... .1;400/ 2 .1:5/= .2 3;500/ D £ 420 million. Harberger triangles need not always be small. For Lara, Adrian, and Tristan For Sara This page intentionally left blank Quantitative Techniques for Competition ... since understanding these key elements of economic analysis is crucial for an appropriate use of quantitative techniques. 1.1 Demand Functions and Demand Elas...
Ngày tải lên: 21/06/2014, 10:20