Björnerstedt, Jonas; Verboven, Frank - In: Stata Journal 14 (2014) 3, pp. 511-540
In this article, we show how to implement merger simulation in Stata as a postestimation command, that is, after … estimating an aggregate nested logit demand system with a linear regression model. We also show how to implement merger … simulation when the demand parameters are not estimated but instead calibrated to be consistent with outside information on …