Showing 1 - 10 of 868
In this paper, we consider how rich sources of information on consumer choice can help to identify demand parameters in a widely used class of differentiated products demand models. Most important, we show how to use “secondâ€choice†data on automotive purchases to obtain good...
Persistent link: https://www.econbiz.de/10010859204
This paper considers the problem of hiring scientists for research and development projects when one takes explicit account of the fact that the scientist may be able to use the information acquired during the project in a rival enterprise. Management's problem is to determine an optimum labor...
Persistent link: https://www.econbiz.de/10010550060
Persistent link: https://www.econbiz.de/10001537499
Persistent link: https://www.econbiz.de/10001641051
Persistent link: https://www.econbiz.de/10001857407
"This paper reviews recent methodological developments in the empirical analysis of imperfectly competitive markets highlighting outstanding problems. Some of these problems are econometric; e.g. the need for a deeper understanding of the small sample properties of our estimators. Most of the...
Persistent link: https://www.econbiz.de/10003735717
Persistent link: https://www.econbiz.de/10011882890
This paper is a revised version of a keynote address delivered at the inaugural International Industrial Organization Conference in Boston, April 2003. I argue that new econometric tools have facilitated the estimation of models with realistic theoretical underpinnings, and because of this, have...
Persistent link: https://www.econbiz.de/10012468540
I review a subset of the empirical tools available for competition analysis. The tools discussed are those needed for the empirical analysis of; demand, production efficiency, product repositioning, and the evolution of market structure. Where relevant I start with a brief review of tools...
Persistent link: https://www.econbiz.de/10012456588
This paper investigates progress in the development of models capable of empirically analyzing the evolution of industries. It starts with a parallel between the development of empirical frameworks for static and dynamic analysis of industries: both adapted their frameworks from models taken...
Persistent link: https://www.econbiz.de/10012456674