Zobrazeno 1 - 10
of 19
pro vyhledávání: '"Gloria Sheu"'
Publikováno v:
Finance and Economics Discussion Series. :1-45
We study the welfare impacts of mergers in markets where some firms are already vertically integrated. Our model features logit Bertrand competition downstream and Nash Bargaining upstream. We numerically simulate four merger types: vertical mergers
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::062039ebe4f71025175e810a40c38160
https://doi.org/10.17016/feds.2023.005
https://doi.org/10.17016/feds.2023.005
Publikováno v:
American Economic Review. 111:3123-3159
We study a repeated game of price leadership in which a firm proposes supermarkups over Bertrand prices to a coalition of rivals. Supermarkups and marginal costs are recoverable from data on prices and quantities using the model’s structure. In an
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::d38f2cbfb267659f92e2399a0a2d853d
https://doi.org/10.1257/aer.20190913
https://doi.org/10.1257/aer.20190913
Autor:
Gloria Sheu, Charles Taragin
Publikováno v:
The RAND Journal of Economics. 52:596-632
We model a two-level supply chain where Nash bargaining occurs upstream, while firms compete in a differentiated products logit setting downstream. The parameters of this model can be calibrated with a discrete set of data on prices, margins, and m
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::84aa49230adb6a7d6c37ede5ae99ebb2
https://doi.org/10.1111/1756-2171.12385
https://doi.org/10.1111/1756-2171.12385
Autor:
Gloria Sheu, Nathan H. Miller
Publikováno v:
Review of Industrial Organization. 58:143-177
We describe the quantitative modeling techniques that are used in horizontal merger review for the evaluation of unilateral effects, and discuss how the 2010 Horizontal Merger Guidelines helped legitimize these methods and motivate scholarly research
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::cb02f5c07e35643de7fd59dbc35360be
https://doi.org/10.1007/s11151-020-09805-8
https://doi.org/10.1007/s11151-020-09805-8
Publikováno v:
SSRN Electronic Journal.
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::3d12182c96fc142c38adce30b8c1e33c
https://doi.org/10.2139/ssrn.4041168
https://doi.org/10.2139/ssrn.4041168
Publikováno v:
The Review of Economic Studies. 86:2668-2712
Exporting firms often enter foreign markets that are similar to their previous export destinations. We develop a dynamic model in which a firm’s exports in a market may depend on how similar the market is to the firm’s home country (gravity) and
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::06820ce644d1f3f29f940bcc761589cc
https://doi.org/10.1093/restud/rdz007
https://doi.org/10.1093/restud/rdz007
Publikováno v:
SSRN Electronic Journal.
The diversion ratio is a key input to indicators of merger harm like up- ward pricing pressure. Measuring the diversion ratio, however, is challenging in the presence of consumer switching costs. We propose an identification strategy for diversion th
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::0b3b33b5c62db2ebcb152117ed841655
https://doi.org/10.2139/ssrn.3957662
https://doi.org/10.2139/ssrn.3957662
Publikováno v:
International Journal of Industrial Organization. 52:216-247
We use Monte Carlo experiments to evaluate whether “upward pricing pressure” (UPP) accurately predicts the price effects of mergers, motivated by the observation that UPP is a restricted form of the first order approximation derived in Jaffe and
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::a64bbb78316f42864faffc6a3d89856f
https://doi.org/10.1016/j.ijindorg.2017.01.010
https://doi.org/10.1016/j.ijindorg.2017.01.010
Publikováno v:
The RAND Journal of Economics. 48:69-93
We estimate pass-through with thirty years of data from a concentrated industry. The empirical model accounts for oligopoly interactions, yet facilitates estimation with aggregate price data. Robust statistical evidence supports that industry-wide co
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::2154f42c3b26ba92ac750da41d67b51f
https://doi.org/10.1111/1756-2171.12168
https://doi.org/10.1111/1756-2171.12168
Publikováno v:
The Journal of Industrial Economics. 64:683-709
We use Monte Carlo experiments to study how pass‐through can improve merger price predictions, focusing on the first order approximation (FOA) proposed in Jaffe and Weyl [[Jaffe, S., 2013]]. FOA addresses the functional form misspecification that c
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::d089a701c28ddb0ed3ef9192dd1681c0
https://doi.org/10.1111/joie.12131
https://doi.org/10.1111/joie.12131