Tag: Bureau of Economics

This note compares the efficiency of a joint venture with supply, output royalty and lump sum arrangements in the context of firms contributing complementary inputs to some project. In a world of...

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Price conjectural variations are estimated to measure the degree of price competition in a product differentiated oligopoly. The empirical model is a simultaneous equation system of product demand and...

This paper compares two econometric methods that have been proposed for market definition: price correlations and residual demand curve estimation. Econometric theory is used to demonstrate that price...