Computable Markov-Perfect Industry Dynamics: Existence, Purification, and Multiplicity
By Ulrich Doraszelski, Mark Satterthwaite. 2007
297 citations recorded by the source corpus.
Subfields: Economics and Econometrics, Management Science and Operations Research, Marketing
View Paper: https://www.semanticscholar.org/paper/0a5c4eaea64691aca41149e4be69a33e82f227c5
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Economics and Econometrics
In Management Science and Operations Research
In Marketing
Citations in the corpus
- A Dynamic Oligopoly Game of the US Airline Industry: Estimation and Policy Experiments (2012, unknown): “Given the number of cities and airlines in our empirical analysis, 14 the space of possible values of the industry network x t is really huge: i.e., | X | = 2 NM ' 10 10 , 000 .”
- Avoiding market dominance: product compatibility in markets with network effects (2009, methodology): “14 This is also the case with capacity investment with price competition (Besanko and Doraszelski, 2004; Chen, 2009), although it is not an increasing returns story.”
- Dynamic Discrete Choice Structural Models: A Survey (2010, unknown): “…a convenient way of introducing unobservables in the econometric model.26 Furthermore, under certain regularity conditions dynamic games of incomplete information have at least one equilibrium while that is not case in dynamic games of complete information (see Doraszelski and Satterthwaite, 2007).”
- Dynamic Games with Asymmetric Information: A Framework for Empirical Work* (2012, unknown): “The profits of each firm in every period are determined by; their payoff relevant random 4Indeed our assumptions nest the generalizations to Ericson and Pakes (1995), and the amendments to it introduced in Doraszelski and Satterthwaite (2010), reviewed in Doraszelski and Pakes(2008).”
- The Costs of Environmental Regulation in a Concentrated Industry (2012, unknown): “Portland cement industry, accounting for these effects through a dynamic model of oligopoly in the tradition of Ericson and Pakes (1995). Using the two-step estimator of Bajari, Benkard, and Levin (2007), I recover the entire cost structure of the industry, including the distributions of sunk entry ”