Showing 1 - 5 of 5
This dissertation examines structural and reduced form models of differentiated products oligopoly. The Boston fluid milk market provides the empirical setting for this study. Using Information Resources Inc. scanner-data, it was possible to develop comprehensive market models that specify...
Persistent link: https://www.econbiz.de/10009429982
This study was provided to the staff at the Federal Trade Commission in October, 1999. It expands the analysis of divestitures that was presented in an April 1999 report to the FTC (An Antitrust Economic Analysis of the Proposed Acquisition of Supermarkets General Holdings Corporation by Ahold...
Persistent link: https://www.econbiz.de/10009442568
This paper investigates a comprehensive assessment of firm strategic behavior under financial market uncertainty. A general theoretical model of market value maximization (MVM) is constructed using a traditional capital asset pricing format. The model built on the nonlinear Almost Ideal Demand...
Persistent link: https://www.econbiz.de/10009442947
This paper develops an analysis of markets for differentiated products. It relies on the concept of latent separability for consumer preferences. As proposed by Blundell and Robin, latent separability assumes that purchased products are allocated in the production of latent intermediate...
Persistent link: https://www.econbiz.de/10009443432
GM corn seed companies have innovated continuously with the introduction of new traits and, more recently, with the creation of stacked varieties, which combine more than one trait. This work develops a Bayesian model of adoption dynamics that demonstrates how uncertainty with a package...
Persistent link: https://www.econbiz.de/10009446163