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The standard in antitrust law when evaluating a merger or acquisition is to write down a game theoretic model of competition, estimate the parameters of the mod
by ocaml_mycaml 9y ago
The standard in antitrust law when evaluating a merger or acquisition is to write down a game theoretic model of competition, estimate the parameters of the model (consumers' tastes, degree of substitutability between products, etc.), and make projections of prices based on those parameters.
- mud_dauber 9y agoInteresting. Thanks and a fistbump for the username. :-)