Quantitative Techniques for Competition and Antitrust Analysis by Peter Davis and Eliana Garcés 6 pdf

Quantitative Techniques for Competition and Antitrust Analysis by Peter Davis and Eliana Garcés_1 docx

Quantitative Techniques for Competition and Antitrust Analysis by Peter Davis and Eliana Garcés_1 docx

... result from a 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 ; Demand for good 2: ... a firm does not matter for the value of the firm. Of course, most practitioners and academics believed and believe that the proportions of debt and equity do matter and so for fift...

Ngày tải lên: 21/06/2014, 14:20

35 229 0
Quantitative Techniques for Competition and Antitrust Analysis by Peter Davis and Eliana Garcés_2 pptx

Quantitative Techniques for Competition and Antitrust Analysis by Peter Davis and Eliana Garcés_2 pptx

... matrix expression 2 6 6 6 6 4 y 1 y 2 : : : y n 3 7 7 7 7 5 D 2 6 6 6 6 4 1x 11 x 21 x 31 1x 12 x 22 x 32 : : : : : : : : : : : : 1x 1n x 2n x 3n 3 7 7 7 7 5 2 6 6 6 4 a b 1 b 2 b 3 3 7 7 7 5 C 2 6 6 6 6 4 e 1 e 2 : : : e n 3 7 7 7 7 5 D 2 6 6 6 6 4 x 0 1 x 0 2 : : : x 0 n 3 7 7 7 7 5 ˇ C 2 6 6 6 6 4 e 1 e 2 : : : e n 3 7 7 7 7 5 ; 66 2. Econometrics ... so, simply st...

Ngày tải lên: 21/06/2014, 14:20

35 267 0
Quantitative Techniques for Competition and Antitrust Analysis by Peter Davis and Eliana Garcés_3 pptx

Quantitative Techniques for Competition and Antitrust Analysis by Peter Davis and Eliana Garcés_3 pptx

... 95) Jul 95 Apr 95 Oct 95 Feb 96 May 96 Au g 96 Dec 96 Mar 97 Jun 97 Sep 97 MA RI + Figure 2.9. Time effects in Rhode Island and Massachusetts (log price). Source: Milyo and Waldfogel (1999). The ... caused by movement in costs (which is in addition to any variation in prices explained by movements in the demand curve caused by the exogenous demand shifting variables X 2 ). Stan...

Ngày tải lên: 21/06/2014, 14:20

35 356 0
Quantitative Techniques for Competition and Antitrust Analysis by Peter Davis and Eliana Garcés_5 pdf

Quantitative Techniques for Competition and Antitrust Analysis by Peter Davis and Eliana Garcés_5 pdf

... Percent percent percent Yes 445 16. 6 16. 6 16. 6 No 1,751 65 .5 65 .5 82.1 Do not know 388 14.5 14.5 96. 6 No answer 90 3.4 3.4 100.0 Total: 2 ,67 4 100.0 100.0 — Source: Ryanair and Aer Lingus proposed concentration, ... service Heathrow 28 65 65 55 Not served by Ryanair Gatwick 46 85 90 60 London (Gatwick) Luton 54 44 60 25 London (Luton); Ryanair bus service London City 14 20 —...

Ngày tải lên: 21/06/2014, 14:20

35 542 0
Quantitative Techniques for Competition and Antitrust Analysis by Peter Davis and Eliana Garcés_6 pdf

Quantitative Techniques for Competition and Antitrust Analysis by Peter Davis and Eliana Garcés_6 pdf

... section draws on Harris and Simons (1989) and also the working papers by O’Brien and Wickelgren (2003) and by Katz and Shapiro (2003). 4 .6. Measuring Pricing Constraints 201 4 .6 Measuring Pricing ... demand curve. First, following Landes and Posner (1981) and Scheffman and Spiller (1987) consider the dominant-firm model. In that model, the dominant firm faced a mar- ket d...

Ngày tải lên: 21/06/2014, 14:20

35 492 0
Quantitative Techniques for Competition and Antitrust Analysis by Peter Davis and Eliana Garcés_8 pptx

Quantitative Techniques for Competition and Antitrust Analysis by Peter Davis and Eliana Garcés_8 pptx

... to allow for firm heterogeneity and Mazzeo (2002) and Seim (20 06) extended the analysis and estimation of entrygames to allow for product differentiation. Davis (2006c) allowed for some forms of ... jurisdictions. 4 See, for example, the work by Sutton (1991), Klepper (19 96) , and Klepper and Simons (2000), and in the strategy literature see Markides and Geroski (...

Ngày tải lên: 21/06/2014, 14:20

35 370 0
Quantitative Techniques for Competition and Antitrust Analysis by Peter Davis and Eliana Garcés_12 potx

Quantitative Techniques for Competition and Antitrust Analysis by Peter Davis and Eliana Garcés_12 potx

... system of demand equations can then be written as 2 6 6 6 6 6 6 6 4 q 1 : : : q k : : : q J 3 7 7 7 7 7 7 7 5 D 2 6 6 6 6 6 6 6 4 a 1 : : : a k : : : a J 3 7 7 7 7 7 7 7 5 C 2 6 6 6 6 6 6 6 4 b 11  ... 301 310 60 2  521 150 159 0.8 1,128  992 2 26 266 902  766 451  439 903  743 2 26  222 0.9 2,2 56  1,935 451 511 1,805  1, 461 902  827 1,805  1,410 45...

Ngày tải lên: 21/06/2014, 14:20

35 280 0
Quantitative Techniques for Competition and Antitrust Analysis by Peter Davis and Eliana Garcés_13 pot

Quantitative Techniques for Competition and Antitrust Analysis by Peter Davis and Eliana Garcés_13 pot

... elasticity of segment demand is 2 :6 for premium beer, 2:7 for popular beer, and 2:4 for light beer. These price elasticities could be used as important evidence toward a formal test of the hypothesis ... discussion of this and other demand forms in the context of merger simulation, see Werden and Froeb (2005). 462 9. Demand System Estimation Symmetry imposes the restrictions...

Ngày tải lên: 21/06/2014, 14:20

35 261 0
Quantitative Techniques for Competition and Antitrust Analysis by Peter Davis and Eliana Garcés_15 pptx

Quantitative Techniques for Competition and Antitrust Analysis by Peter Davis and Eliana Garcés_15 pptx

... 519 10.2.1 Informal and Semiformal Analysis of Incentives Informal quantitative analysis can sometimes be insightful for evaluating the incen- tive for foreclosure. An example of such an analysis ... at www.supremecourtus.gov/opinions/0 6pdf/ 06- 480 .pdf. 5 16 10. Quantitative Assessment of Vertical Restraints and Integration lower prices and increase sales by bundlin...

Ngày tải lên: 21/06/2014, 14:20

35 277 0
Quantitative Techniques for Competition and Antitrust Analysis_1 pdf

Quantitative Techniques for Competition and Antitrust Analysis_1 pdf

... small. For Lara, Adrian, and Tristan For Sara This page intentionally left blank Quantitative Techniques for Competition and Antitrust Analysis 8 1. The Determinants of Market Outcomes Demand at ... since understanding these key elements of economic analysis is crucial for an appropriate use of quantitative techniques. 1.1 Demand Functions and Demand Elasticities...

Ngày tải lên: 21/06/2014, 10:20

35 385 0
w