Andrew Dick is a panelist for this discussion of best practices associated with employing economists during an agency’s review of a pending merger and how the economist’s role changes if the merger is challenged. For more information, click here.
Merger simulation in second-score auctions: A nested logit model
In a recent Economics Letters article, CRA’s Martino De Stefano and Serge Moresi show how to improve the second-score auction model that is often used to...