13:00 horas, Sala Consejo, Beauchef 851, Torre Oriente (3er piso)
El Centro de Economía Aplicada (CEA) y el Instituto Milenio para la Investigación en Imperfecciones de Mercado y Políticas Públicas (MIPP) de la Universidad de Chile invitan a su ciclo de seminarios programados para el primer semestre del año.
Invitado: Jeremy Fox, Rice University
“Geographic Expansion Mergers and FCC Spectrum Policy: Estimating a Matching Game with Externalities”
Abstract
Wireless carriers consolidated geographically over the period 1988-2007. This consolidation was slow and therefore we seek to learn the role of FCC policy in affecting the speed of geographic consolidation. We use the history of mergers to estimate a structural model of mergers that incorporates externalities. The externalities arise from post-merger competition for consumers. We demonstrate properties of the model and introduce new estimation techniques.
Confirmaciones: Olga Barrera / obarrera@dii.uchile.cl