Quantitative Techniques for Competition and Antitrust Analysis

✍ Scribed by Peter Davis; Eliana Garcés

• Publisher: Princeton University Press
• Year: 2009
• Tongue: English
• Leaves: 592
• Edition: Course Book
• Category: Library

✦ Synopsis

This book combines practical guidance and theoretical background for analysts using empirical techniques in competition and antitrust investigations. Peter Davis and Eliana Garcés show how to integrate empirical methods, economic theory, and broad evidence about industry in order to provide high-quality, robust empirical work that is tailored to the nature and quality of data available and that can withstand expert and judicial scrutiny. Davis and Garcés describe the toolbox of empirical techniques currently available, explain how to establish the weight of pieces of empirical work, and make some new theoretical contributions.

The book consistently evaluates empirical techniques in light of the challenge faced by competition analysts and academics--to provide evidence that can stand up to the review of experts and judges. The book's integrated approach will help analysts clarify the assumptions underlying pieces of empirical work, evaluate those assumptions in light of industry knowledge, and guide future work aimed at understanding whether the assumptions are valid. Throughout, Davis and Garcés work to expand the common ground between practitioners and academics.

✦ Table of Contents

Contents
Preface
Acknowledgments
1. The Determinants of Market Outcomes
2. Econometrics Re
3. Estimation of Cost Functions
4. Market Definition
5. The Relationship between Market Structure and Price
6. Identification of Conduct
7. Damage Estimation
8. Merger Simulation
9. Demand System Estimation
10. Quantitative Assessment of Vertical Restraints and Integration
Conclusion
References
Index