Online Appendix for 'Competition, Profitability, and Discount Rates'

31 Pages Posted: 21 Sep 2019 Last revised: 24 Apr 2020

See all articles by Winston Wei Dou

Winston Wei Dou

The Wharton School, University of Pennsylvania; National Bureau of Economic Research (NBER)

Yan Ji

Hong Kong University of Science & Technology (HKUST)

Wei Wu

Texas A&M University

Date Written: April 24, 2020

Abstract

This is the supplemental material to the paper titled "Competition, Profitability, and Discount Rates." It includes additional empirical, theoretical, and quantitative results. It also includes illustration for the numerical algorithm for our model solution.

Keywords: Product-market structure, Oligopoly, Profitability premium, Leadership persistence, Tariff shocks, Price Wars.

JEL Classification: G12, L13, O33, C73

Suggested Citation

Dou, Winston Wei and Ji, Yan and Wu, Wei, Online Appendix for 'Competition, Profitability, and Discount Rates' (April 24, 2020). Available at SSRN: https://ssrn.com/abstract=3453081 or http://dx.doi.org/10.2139/ssrn.3453081

Winston Wei Dou (Contact Author)

The Wharton School, University of Pennsylvania ( email )

2318 Steinberg Hall - Dietrich Hall
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Philadelphia, PA 19104
United States

HOME PAGE: http://finance-faculty.wharton.upenn.edu/wdou/

National Bureau of Economic Research (NBER) ( email )

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

HOME PAGE: http://www.nber.org/people/winston_wei_dou?page=1&perPage=50

Yan Ji

Hong Kong University of Science & Technology (HKUST) ( email )

Clearwater Bay
Kowloon, 999999
Hong Kong

Wei Wu

Texas A&M University ( email )

360M Wehner
College Station, TX 77843-4218
United States
979-862-8092 (Phone)

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