| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP10410 |
| DP10410 Empirical Games of Market Entry and Spatial Competition in Retail Industries | |
| Victor Aguirregabiria | |
| 发表日期 | 2015-02-08 |
| 出版年 | 2015 |
| 语种 | 英语 |
| 摘要 | We survey the recent empirical literature on structural models of market entry and spatial competition in oligopoly retail industries. We start with the description of a framework that encompasses various models that have been estimated in empirical applications. We use this framework to discuss important specification assumptions in this literature: firm heterogeneity; specification of price competition; structure of spatial competition; firms' information; dynamics; multi-store firms; and structure of unobservables. We next describe different types of datasets that have been used in empirical applications. Finally, we discuss econometric issues that researchers should deal with in the estimation of these models, including multiple equilibria and unobserved market heterogeneity. We comment on the advantages and limitations of alternative estimation methods, and how these methods relate to identification restrictions. We conclude with some issues and topics for future research. |
| 主题 | Industrial Organization |
| 关键词 | Econometrics of discrete choice games Market entry and exit Retail industries Spatial competition |
| URL | https://cepr.org/publications/dp10410 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/539241 |
| 推荐引用方式 GB/T 7714 | Victor Aguirregabiria. DP10410 Empirical Games of Market Entry and Spatial Competition in Retail Industries. 2015. |
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