Merger Simulation Analysis: An Academic Perspective
TILEC Discussion Paper No. 2005-013
15 Pages Posted: 15 Dec 2005
Date Written: April 2005
Abstract
We discuss the benefits and limitations of modern merger simulation analysis from an academic perspective. The first part of our exposition focuses on game-theoretical issues and provides insights from experimental economics. In the second component we explore choices to be made in the empirical implementation.
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