Zobrazeno 1 - 10
of 125
pro vyhledávání: '"Mitsuru Igami"'
Publikováno v:
The RAND Journal of Economics. 52:884-916
Autor:
Mitsuru Igami, Takuo Sugaya
Publikováno v:
The Review of Economic Studies. 89:1460-1494
Do mergers help or hinder collusion? This article studies the stability of the vitamin cartels in the 1990s and presents a repeated-games approach to quantify “coordinated effects” of a merger. We use data and direct evidence from American courts
Autor:
Mitsuru Igami
Publikováno v:
The Econometrics Journal. 23:S1-S24
Summary This article clarifies the connections between certain algorithms to develop artificial intelligence (AI) and the econometrics of dynamic structural models, with concrete examples of three 'game AIs'. Chess-playing Deep Blue is a calibrated v
Autor:
Mitsuru Igami, Kosuke Uetake
Publikováno v:
The Review of Economic Studies. 87:2672-2702
How far should an industry be allowed to consolidate when competition and innovation are endogenous? We develop a stochastically alternating-move game of dynamic oligopoly and estimate it using data from the hard disk drive industry, in which a dozen
Autor:
Jai Subrahmanyam, Mitsuru Igami
Publikováno v:
The Japanese Economic Review. 70:308-330
We assess the usefulness of patent statistics as an indicator of innovation, using a direct measure of innovation in the hard disk industry (1976–1998). Three findings emerge: (i) patents “predict” innovations better than a random guess, and a
Publikováno v:
SSRN Electronic Journal.
We propose algorithms to detect "Edgeworth cycles," asymmetric price movements that have caused antitrust concerns in many countries. We formalize four existing methods and propose six new methods based on spectral analysis and machine learning. We e
Publikováno v:
SSRN Electronic Journal.
Where do firms innovate? Mapping their locations and directions in technological space is challenging due to its high dimensionality. We propose a new method to characterize firms’ inventive activities via topological data analysis (TDA) that repre
Autor:
Mitsuru Igami
Publikováno v:
American Economic Journal: Microeconomics. 10:67-101
This paper uncovers a novel pattern of offshoring dynamics in a high-tech industry, and proposes a structural model to explain it. Specifically, the hard disk drive industry (1976–1998) witnessed massive waves of entry, exit, and the relocation of
Autor:
Mitsuru Igami
Publikováno v:
Journal of Political Economy. 125:798-847
This paper studies strategic industry dynamics of creative destruction in which firms and technologies experience turnover. Theories predict that cannibalization between existing and new products delays incumbents’ innovation, whereas preemptive mo
Autor:
Nathan Yang, Mitsuru Igami
Publikováno v:
Quantitative Economics. 7:483-521
We develop a dynamic entry model of multi‐store oligopoly with heterogeneous markets, and estimate it using data on hamburger chains in Canada (1970–2005). Because more lucrative markets attract more entry, firms appear to favor the presence of m