In the second part of The Competition Series: Economist Edition collaboration with Al Tamimi & Company, CRA’s Muath Masri joins Omar Obeidat and Mariam Sabet to discuss topics related to mergers and other competition cases in the Middle East such as data collection, crafting credible market shares based on robust assumptions, navigating variations in data quality across regions, and the appropriate weight to place on market share evidence.
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...