Dynamic Games with Asymmetric Information: A Framework for Empirical Work*

By Chaim Fershtman, Ariel Pakes. 2012

119 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Management Science and Operations Research, Marketing

View Paper: https://www.semanticscholar.org/paper/dcc3bba7e8f549df7708f27c2094f06fbfd14aa5

Citations in the corpus

• Complementary Bidding Mechanisms and Startup Costs in Electricity Markets (2014, unknown): “Unless there are important strategic effects of keeping a unit off (Fershtman and Pakes, 2012), the option value of having the unit already on is always higher than having to start it up.”