Inference on Welfare and Market Power in Markets with Endogenous Market Structures

Guest Instructor: 
Federico Ciliberto
Time I: 
Friday, 02:00pm
Venue I: 
DIW, Schmoller R1.2.026

Federico Ciliberto (University of Virginia) will hold his lecture from 14:00-17:30 (13.11) until 09:00-12:30(16.11).

This seminar will over two papers in empirical industrial organization in detail to show how frontier methodologies can be implemented in Matlab. By the end of the class, the students will be able to adapt and extend the methodologies to new problems. We will begin with the estimation of complete information, static, discrete games. Then, we will consider the estimation of dynamic models of strategic interaction with incomplete information, with a particular focus on discrete choice dynamic models. Each lecture will consist of two parts: in the first part we will go over selected parts of the articles, where the article makes the fundamental methodological advances; in the second part we will go in detail over how the methodological advances are actually implemented in Matlab. The unifying theme in the two papers is how to use moment inequalities to estimate models of strategic competition.

Fall 2015
Deutsches Institut für Wirtschaftsforschung
End date of the whole course: 
Monday, November 16, 2015 - 12:30pm