Topic 4: Empirical analysis: the value of simplicity

Program
Rules for presenting empirical analysis in competition policy investigations

Keeping it simple

   Working with little data

   Interpreting market shocks

More complex approaches

   What are they?

   What do they add?

   At what cost?

 

Reading

Florian, P. and Walker, M.   2005   “ The correct approach to the use of empirical analysis in competition policy”, European Competition Law Review

 

Bresnahan, T.   1997.   “Testing and Measurement in Competition Models” in Advances in Economics and Econometrics , Econometric Society Seventh World Congress, David Kreps and Ken Wallis, editors.