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Surveys of antitrust cases reveal that colluding firms usually (1) attempt to minimise the risk of prosecution, (2) achieve merely imperfect levels of collusion, (3) compete against some independently acting firms, and (4) adjust to market entries and exits. In contrast, existing oligopoly...
Persistent link: https://www.econbiz.de/10015166281
This paper discusses methods of statistical inference for inequality measures, in particular the nonparametric bootstrap. Standard resampling techniques and a new method for nonparametric resampling under the null hypothesis are discussed. Monte-Carlo simulations show that some bootstrap methods...
Persistent link: https://www.econbiz.de/10010987632
Persistent link: https://www.econbiz.de/10005005646