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Innovation and Market Structure in Pharmaceuticals: An Econometric Analysis on Simulated Data

Related publications (41)

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Intermediation in a Sharing Economy: Insurance, Moral Hazard, and Rent Extraction

Thomas Alois Weber

Electronic intermediaries have become pervasive in sales transactions for many durables, such as cars, power tools, and apartments. Yet only recently have they successfully tackled the challenge of enabling parties to share such goods. A key impediment to ...

Routledge Journals, Taylor & Francis Ltd2014

A new approach for the estimation of bid-rent functions for residential location choice is proposed. The method is based on the bid-auction approach and considers that the expected maximum bid of the auction is a latent variable that can be related to obse ...

Springer2014

One fundamental issue with existing reputation systems, particularly those implemented in open and decentralized environments, is whitewashing attacks by opportunistic participants. If identities are cheap, it is beneficial for a rational provider to simpl ...

Wiley-Blackwell2014

Cash Holdings and Competition

Erwan Morellec, Boris Nikolov, Francesca Maria Zucchi

We use a dynamic cash management model in which firms face competitive pressure to show that product market competition increases the cash holdings as well as the size and frequency of equity issues of financially constrained firms. We test these predictio ...

2013

Discrete choice and microsimulation methods for agent-based land use modeling

Ricardo Daniel Hurtubia González

This thesis describes methods to model the land use component of an urban system. Specifi- cally, it proposes methods to model and simulate the location choice of agents (households or firms) and the formation of prices for real estate goods in a city. The ...

EPFL2012

In recent decades, the European postal industry has undergone profound reforms, which aim to promote competition while simultaneously maintaining a high level of universal services for consumers. It is often put forth that market opening and the emergence ...

EPFL2012

An integrated airline scheduling, fleeting and pricing model for a monopolized market

Michel Bierlaire, Matteo Salani, Bilge Atasoy

In airline schedule planning models, the demand and price information are usually taken as inputs to the model. Therefore schedule and capacity decisions are taken separately from pricing decisions. In this paper we present an integrated scheduling, fleeti ...

2012

Behavioral calibration and analysis of a large-scale travel microsimulation

Gunnar Flötteröd, Yu Chen

This article reports on the calibration and analysis of a fully disaggregate (agent-based) transport simulation for the metropolitan area of Zurich. The agent-based simulation goes beyond traditional transport models in that it equilibrates not only route ...

Springer US2012

Managing Electricity Sourcing in Europe's Energy Intensive Industry

Luis Treviño Villarreal

Several regulatory changes in Europe's electricity sector have stimulated competition in the market. National power companies, with monopolistic structures, have evolved into competitive entities, creating increased choices for consumers. Electricity price ...

EPFL2011

Behavioral calibration and analysis of a large-scale travel microsimulation

Gunnar Flötteröd, Yu Chen

2010