Recent Developments in Empirical IO: Dynamic Demand and Dynamic Games

Victor Aguirregabiria, Victor Aguirregabiria, Aviv Nevo and Aviv Nevo
Authors registered in the RePEc Author Service: Aviv Nevo and Victor Aguirregabiria ()

Working Papers from University of Toronto, Department of Economics

Abstract: Empirically studying dynamic competition in oligopoly markets requires dealing with large states spaces and tackling difficult computational problems, while handling heterogeneity and multiple equilibria. In this paper, we discuss some of the ways recent work in Industrial Organization has dealt with these challenges. We illustrate problems and proposed solutions using as examples recent work on dynamic demand for differentiated products and on dynamic games of oligopoly competition. Our discussion of dynamic demand focuses on models for storable and durable goods and surveys how researchers have used the \

Keywords: Industrial Organization; Oligopoly competition; Dynamic demand; Dynamic games; Estimation; Counterfactual experiments; Multiple equilibria; Inclusive values; Unobserved heterogeneity. (search for similar items in EconPapers)
JEL-codes: L0 L1 (search for similar items in EconPapers)
Pages: 60 pages
Date: 2010-12-31
New Economics Papers: this item is included in nep-com and nep-gth
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (14)

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Working Paper: Recent developments in empirical IO: dynamic demand and dynamic games (2010)
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Persistent link: https://EconPapers.repec.org/RePEc:tor:tecipa:tecipa-419

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