被发现的卡特尔持续时间能告诉我们所有卡特尔持续时间的信息吗?

What Can the Duration of Discovered Cartels Tell Us About the Duration of All Cartels?

Economic Journal · 2016
被引 33
人大 AABS 4

中文导读

构建出生-死亡-发现过程模型,利用贝叶斯推断研究被发现的卡特尔样本偏差,为估计所有卡特尔死亡概率提供更可靠的边界。

Abstract

Estimates of average cartel duration and the annual probability of cartel death are based on data for discovered cartels. It is recognised that these estimates could be biased because the population of discovered cartels may not be a representative sample of the latent population of cartels. This article constructs a birth-death-discovery process to investigate the source and direction of possible biases. Bayesian inference is used to provide bounds on the extent of the bias and deliver an improved set of beliefs on the probability of cartel death.

卡特尔存续期卡特尔死亡概率发现偏差贝叶斯推断