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most citedConduct Parameter Estimation in Homogeneous Goods Markets with Equilibrium Existence and Uniqueness Conditions: The Case of Log-linear Specification

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econ.EM2023

Challenges in Statistically Rejecting the Perfect Competition Hypothesis Using Imperfect Competition Data

Yuri Matsumura, Suguru Otani

We theoretically prove why statistically rejecting the null hypothesis of perfect competition is challenging, known as a common problem in the literature. We also assess the finite…

econ.EM2023

Resolving the Conflict on Conduct Parameter Estimation in Homogeneous Goods Markets between Bresnahan (1982) and Perloff and Shen (2012)

Yuri Matsumura, Suguru Otani

We revisit conduct parameter estimation in homogeneous goods markets to resolve the conflict between Bresnahan (1982) and Perloff and Shen (2012) regarding the identification and t…