Preface

Acknowledgments

1 The Determinants of Market Outcomes
1.1 Demand Functions and Demand Elasticities
1.2 Technological Determinam of Market Structure
1.3 Competitive Environments: Perfect Competition, Oligopoly, and Monopoly
1.4 Conclusions

2 Econometrics Review
2.1 Multiple Regression
2.2 Identification of Causal Effects
2.3 Best Practice in Econometric Exercises
2.4 Conclusions
2.5 Annex: Introduction to the Theory of Identification

3 Estimation of Cost Functlons
3.1 Accounting and Economic Revenue, Costs, and Profits
3.2 Estimation of Production and Cost Functions
3.3 Alternative Approaches
3.4 Costs and Market Structure
3.5 Conclusions

4 Market Definition
4.1 Basic Concepts in Market Definition
4.2 Price Level Differences and Price Correlations
4.3 Natural Experiments
4.4 Directly Estimating the Substitution Effect
4.5 Using Shipment Data for Geographic Market Definition
4.6 Measuring Pricing Constraints
4.7 Conclusions

5 The Relationship between Market Structure and Price
5.1 Framework for Analyzing the Effect of Market Structure on Prices
5.2 Entry, Exit, and Pricing Power
5.3 Conclusions

6 Identification of Conduct
6.1 The Role of Structural Indicators
6.2 Directly Identifying the Nature of Competition
6.3 Conclusions
6.4 Annex: Identification of Conduct in Differentiated Markets

7 Damage Estimation
7.1 Quantifying Damages of a Cartel
7.2 Quantifying Damages in Abuse of Dominant Position Cases
7.3 Conclusions

8 Merger Simulation
8.1 Best Practice in Merger Simulation
8.2 Introduction to Unilateral Effects
8.3 General Model for Merger Simulation
8.4 Merger Simulation: Coordinated Effects
8.5 Conclusions

9 Demand System Estimation
9.1 Demand System Estimation: Models of Continuous Choice
9.2 Demand System Estimation: Discrete Choice Models
9.3 Demand Estimation in Merger Analysis
9.4 Conclusions

10 Quantitative Assessment of Vertical Restraints and Integration
10.1 Rationales for Vertical Restraints and Integration
10.2 Measuring the Effect of Vertical Restraints
10.3 Conclusion

Conclusion
References
Index