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Elia Lapenta et Pascal Lavergne
n° 22-1332, mai 2022
We set up a formal framework to characterize encompassing of nonparametric mod-els through the L2 distance. We contrast it to previous literature on the comparison of nonparametric regression models. We then develop testing procedures for the encom-passing hypothesis that are fully nonparametric....
Alexandre de Cornière (Toulouse School of Economics)
TSE, mai 2022
M. Fabian, Jean-Baptiste Hiriart-Urruty et Edouard Pauwels
vol. 30, mai 2022, p. 1443–1451
Carel Maske (Microsoft)
TSE, 12–13 mai 2022
Fiona Scott Morton (Yale School of Management)
TSE, 12 mai 2022
Paul Heidhues
Doh-Shin Jeon
Michael Luca
Francesco Decarolis (Bocconi University - IGIER)
Andrew Rhodes (Toulouse School of Economics)
We study personalized pricing (or first-degree price discrimination) in a general oligopoly model. In the short-run, when the market structure is fixed, the impact of personalized pricing hinges on the degree of market coverage (i.e., how many consumers buy). If coverage is high (e.g., because the...