000 02528cam a22003737 4500
001 w14117
003 NBER
005 20211020111744.0
006 m o d
007 cr cnu||||||||
008 210910s2008 mau fo 000 0 eng d
100 1 _aPakes, Ariel.
_918078
245 1 0 _aTheory and Empirical Work on Imperfectly Competitive Markets /
_cAriel Pakes.
260 _aCambridge, Mass.
_bNational Bureau of Economic Research
_c2008.
300 _a1 online resource:
_billustrations (black and white);
490 1 _aNBER working paper series
_vno. w14117
500 _aJune 2008.
520 3 _aThis paper reviews recent methodological developments in the empirical analysis of imperfectly competitive markets highlighting outstanding problems. Some of these problems are econometric; e.g. the need for a deeper understanding of the small sample properties of our estimators. Most of the other problems relate to issues which have been a central part of ongoing research programs in economic theory for some time. We consider ways in which applied work can cope with these problems and, in so doing, also inform theory. The use of estimators based on moment inequalities opens up several possibilities in this regard and a detailed discussion of the assumptions used to rationalize these estimators is provided. An example, the analysis of contracts in buyer-seller networks, is used to highlight these points.
530 _aHardcopy version available to institutional subscribers
538 _aSystem requirements: Adobe [Acrobat] Reader required for PDF files.
538 _aMode of access: World Wide Web.
588 0 _aPrint version record
690 7 _aC01 - Econometrics
_2Journal of Economic Literature class.
690 7 _aC5 - Econometric Modeling
_2Journal of Economic Literature class.
690 7 _aC73 - Stochastic and Dynamic Games • Evolutionary Games • Repeated Games
_2Journal of Economic Literature class.
690 7 _aL0 - General
_2Journal of Economic Literature class.
690 7 _aL1 - Market Structure, Firm Strategy, and Market Performance
_2Journal of Economic Literature class.
690 7 _aL4 - Antitrust Issues and Policies
_2Journal of Economic Literature class.
710 2 _aNational Bureau of Economic Research.
830 0 _aWorking Paper Series (National Bureau of Economic Research)
_vno. w14117.
856 4 0 _uhttps://www.nber.org/papers/w14117
856 _yAcceso en lĂ­nea al DOI
_uhttp://dx.doi.org/10.3386/w14117
942 _2ddc
_cW-PAPER
999 _c334004
_d292566