Results 11 to 20 of about 73,253 (45)
Social Science Research Network, 2022 This paper presents a method for estimating discrete games based on bounds of conditional choice probabilities. The method does not require solving the game and is scalable to models with many firms and many discrete decisions.
Ying Fan, Chenyu Yang
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A Theory of Monopolistic Competition with Horizontally Heterogeneous Consumers
Social Science Research NetworkOur novel approach to modeling monopolistic competition with heterogeneous firms and consumers involves spatial product differentiation, in either a geographical space or a space of characteristics.
S. Kokovin +3 more
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Learning to Coordinate: A Study in Retail Gasoline
The American Economic Review, 2018 This paper studies equilibrium selection in the retail gasoline industry. We exploit a unique dataset that contains the universe of station-level prices for an urban market for 15 years, and that encompasses a coordinated equilibrium transition mid ...
David P. Byrne, Nicolas de Roos
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Asymmetric Information and Imperfect Competition in Lending Markets
The American Economic Review, 2017 We study the effects of asymmetric information and imperfect competition in the market for small business lines of credit. We estimate a structural model of credit demand, loan use, pricing, and firm default using matched firm-bank data from Italy.
Gregory S. Crawford +2 more
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Competition, Product Proliferation, and Welfare: A Study of the US Smartphone Market
, 2020 This paper studies (1 ) whether, from a welfare point of view, oligopolistic competition leads to too few or too many products in a market, and (2 ) how a change in competition affects the number and the composition of product offerings. We address these
Ying Fan, Chenyu Yang
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Product Differentiation and Oligopoly: A Network Approach
Social Science Research NetworkI present a new theory of oligopoly and markups in general equilibrium, based on an innovative, scalable hedonic demand system, which I take to the data for the universe of US public firms.
Bruno Pellegrino
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Price Discrimination and Bargaining: Empirical Evidence from Medical Devices
, 2012 Many important issues in business-to-business markets involve price discrimination and negotiated prices, situations where theoretical predictions are ambiguous.
Matthew Grennan
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What Can Be Learned from Spatial Economics?
Journal of Economic Literature, 2017 Spatial economics aims to explain why there are peaks and troughs in the spatial distribution of wealth and people, from the international and regional to the urban and local.
S. Proost, Jacques-François Thisse
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Monopsony in the US Labor Market
The American Economic Review, 2022This paper quantifies employer market power in US manufacturing and how it has changed over time. Using administrative data, we estimate plant-level markdowns—the ratio between a plant’s marginal revenue product of labor and its wage.
Chen Yeh +2 more
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Multihoming and Oligopolistic Platform Competition
Social Science Research Network, 2023We provide a general framework to analyze competition between any number of symmetric two-sided transaction platforms, in which buyers and sellers can multihome. We show how key primitives such as the number of platforms, the fraction of buyers that find
Chunchun Liu +3 more
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