Resolving the conflict on conduct parameter estimation in homogeneous goods markets between Bresnahan (1982) and Perloff and Shen (2012)
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DOI: 10.1016/j.econlet.2023.111193
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More about this item
Keywords
Conduct parameters; Homogeneous goods market; Multicollinearity problem; Monte Carlo simulation;All these keywords.
JEL classification:
- C5 - Mathematical and Quantitative Methods - - Econometric Modeling
- C13 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Estimation: General
- L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
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