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	Provedor de dados 31 (3) Autor Kim, Donghun (3) Jakubson, George (1) Jeong, Kap-Young (1) Masson, Robert T. (1) Palavra-chave Industrial Organization (3) Agribusiness (1) Consumer Welfare (1) Consumer welfare (1) Consumer/Household Economics (1) Incumbents (1) Market Structure (1) Mixed Logit (1) New brands (1) Price Pass-Through (1) Random coefficient model (1) Mais... Tipo do documento Working or Discussion Paper (3) Ano 2004 (3) País United States (3) Idioma Inglês (3)		Ordenar por:  Relevância Autor Título Ano Registros recuperados: 3 Primeira ... 1 ... Última Market Structure, Price Pass-Through and Welfare with Differentiated Products 31 Kim, Donghun. There is considerable literature on price pass-through modeling. This literature has focused on pass-through of cost shocks for homogenous products. To get results with the homogenous products case, empirical implementation has required the maintained hypothesis of competition, or agreement, in quantity modeling. A major contribution of this paper is modeling pass-through for a differentiated products market under the maintained hypothesis of price competition or price agreement. We estimate a mixed logit model for U.S processed cheese market using unbalanced panel data and implement a price pass through simulation and related consumer welfare analysis under different regimes of competition. Tipo: Working or Discussion Paper Palavras-chave: Market Structure; Price Pass-Through; Consumer Welfare; Mixed Logit; Industrial Organization. Ano: 2004 URL: http://purl.umn.edu/25157 Estimation of the Effects of New Brands on Incumbents' Profits and Consumer Welfare: The U.S. Processed Cheese Market Case 31 Kim, Donghun. We estimate the effects of new brands on market competition and consumer welfare in the U.S. processed cheese market. We find that an observed increase in consumer welfare was attributable mainly to an increase in the number of brands in the sample market, while the price effect, which measures welfare change caused by adding new brands to existing brands, decreased welfare as the prices of the existing brands increased in a large portion of sample markets. The price increase was most pronounced among the introducer’s existing brands. Tipo: Working or Discussion Paper Palavras-chave: Consumer welfare; Incumbents; New brands; Random coefficient model; Agribusiness; Consumer/Household Economics; Industrial Organization. Ano: 2004 URL: http://purl.umn.edu/25192 Oligopolistic “Agreement” and/or “Superiority”?: New Findings from New Methodologies and Data 31 Jakubson, George; Jeong, Kap-Young; Kim, Donghun; Masson, Robert T.. The influential Scherer and Ross text (1990, p. 411) states that the “main question” in empirical industrial organization in the latter part of the twentieth century is Bain’s (1951) “collusion” or “agreement” hypothesis versus Demsetz’s (1973) “superior firm” hypothesis. Prior to the Federal Trade Commission Line-of-Business (LOB) studies the “contending schools were deadlocked,” but these studies led to a win being declared for the superiority hypothesis by Scherer writing with seven other LOB researchers (1987). These studies found that the effect of concentration on profits disappeared when controlling for firm shares. As many economists agreed, merger policy shifted away from a focus on agreement to applying a “unilateral effects” (non-cooperative... Tipo: Working or Discussion Paper Palavras-chave: Industrial Organization. Ano: 2004 URL: http://purl.umn.edu/25181 Registros recuperados: 3 Primeira ... 1 ... Última

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