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portada Demand System Estimation and its Application To Horizontal Merger Analysis
Type
Physical Book
Publisher
Author
Language
English
Pages
36
Format
Paperback
Dimensions
28x21.6x0.2 cm
Weight
0.11 kg.
ISBN13
9781502751683
Categories

Demand System Estimation and its Application To Horizontal Merger Analysis

Federal Trade Commission (Author) · Createspace · Paperback

Demand System Estimation and its Application To Horizontal Merger Analysis - Federal Trade Commission

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Synopsis "Demand System Estimation and its Application To Horizontal Merger Analysis"

The past decade has witnessed remarkable developments in the quantitative analysis of horizontal mergers. Increases in computing power and the quantity and quality of data available have substantially reduced the costs of estimating demand systems using econometric methods. Good estimates of retail demand elasticities can make an important contribution to assessing the potential effects of a manufacturer merger on consumer prices. While estimates of demand relationships can make substantial contributions to merger analysis, it is much like every other area of empirical economics, in that practitioners invariably are forced to confront and resolve a series of difficult econometric and conceptual issues. The purpose of this book is to identify a number of these issues that we believe researchers and practitioners should address, with the ultimate goal of improving the quality of antitrust analysis.

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