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Estimates from a structural model of consumer behavior and firm conduct are used to decompose the extent to which quantity discounts for paper towels are consistent with second degree price discrimination as opposed to cost differences across sizes. Counterfactual exercises assuming that firms...
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Recently developed econometric techniques for estimating the parameters of entry games with multiple equilibria suffer significant computational constraints associated with calculating upper and lower bound entry probabilities. We provide simulation-based and analytical expressions for these...
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