In the ABA’s Economics Committee Newsletter, Michelle Burtis and her co-authors discuss the modeling and empirical measurement of cost pass-through in industries and by firms. They discuss the use of structural models and the use of such models in the context of class certification. To read more, click the link below.
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...