Parametric Stochastic Frontier Models are widely used in productivity analysis and are commonly estimated using FRONTIER, STATA or LIMDEP packages, which only provide point estimates for firm-specific technical efficiency. Confidence intervals for technical efficiencies with superior coverage...

Heterogeneity in choice models is typically assumed to have a normal distribution in both Bayesian and classical setups. In this paper, we propose a semiparametric Bayesian framework for the analysis of random coefficients discrete choice models that can be applied to both individual as well as...

The issue of supermarket chain power in wholesale markets has been around at least since the 1930’s when A&P surfaced as a nationwide chain with centralized buying (Adelman, 1959). Curiously those that complained the loudest were not firms that sold to supermarkets. Small retailers, who were...

This article assesses the impact of retailer own-labeled products on manufacturer brand prices, profitability, and consumer welfare. Using chain-level retail scanner data from Boston's white fluid milk market the analysis estimates a random coefficients logit demand model employing a...

In this report I will explain how to measure relevant antitrust markets for the analysis of the market power of the leading supermarket chains in Great Britain. Given the recent enforcement practices of the Competition Commission and the analyses submitted by, or on behalf of, Tesco, Sainsbury,...

Store brands are thought to improve a retailer's position relative to leading brand manufacturers and to reduce retail prices. Steiner (2004) offers a characterization of typical industry structures by considering the relationship between interbrand and intrabrand elasticities. We estimate a...

The marketing channels for many goods involve the production of a raw commodity that is processed and then distributed to retailers for sale to consumers. Either the processing industry or the retailing industry or both may exercise substantial market powe r ultimately against raw commodity...

This article documents the need for reform of milk pricing in the Northeast. The New York price gouging law can be recast as a fair share law. This new milk policy “kills two birds with one stone.” It corrects regional inequities in raw milk pricing by reforming the pricing of milk at retail...

Discrete longitudinal data are common in various disciplines and are often used to assess the change over time of one or several outcomes, and/or what covariates might be associated with the outcomes. Existing parametric and nonparametric/semiparametric models typically attribute the...

This dissertation consists of three essays on topics in empirical industrial organization. The first essay proposes and estimates a fully dynamic model of generic and brand advertising in a differentiated product oligopoly. It first specifies a nested logit demand system incorporating brand and...