Estimating a Mixed Strategy: United and American Airlines

Amos Golan, Larry Karp and Jeffrey Perloff

Institute for Research on Labor and Employment, Working Paper Series from Institute of Industrial Relations, UC Berkeley

Abstract: We develop a generalized maximum entropy estimator that can estimate pure and mixed strategies subject to restrictions from game theory. This method avoids distributional assumptions and is consistent and efficient. We demonstrate this method by estimating the mixed strategies of duopolistic airlines.

Keywords: C13; C35; C72; L13; L93 (search for similar items in EconPapers)
Date: 1998-06-01
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Related works:
Working Paper: Estimating a Mixed Strategy: United and American Airlines (2002)
Working Paper: Estimating a Mixed Strategy: United and American Airlines (1998)
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Persistent link: https://EconPapers.repec.org/RePEc:cdl:indrel:qt2f36z7n1

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