Identifying Conduct Parameters with Separable Demand: A Counterexample to Lau (1982)
| Autor: | Matsumura, Yuri, Otani, Suguru |
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| Rok vydání: | 2024 |
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| Druh dokumentu: | Working Paper |
| Popis: | We provide a counterexample to the conduct parameter identification result established in the foundational work of Lau (1982), which generalizes the identification theorem of Bresnahan (1982) by relaxing the linearity assumptions. We identify a separable demand function that still permits identification and validate this case both theoretically and through numerical simulations. Comment: 7pages |
| Databáze: | arXiv |
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