Alex MacKay
@_amackay
Economics professor at @UVA. I study pricing capabilities (e.g., algorithms, contracts, etc.), competition, and dynamic consumer behavior.
ID: 89377808
http://alexandermackay.org/ 12-11-2009 05:06:04
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Happy to see this paper with Nathan Miller in print! In the paper, we address identification of the price coefficient in models of supply and demand. We show how a covariance restriction between demand and cost shocks can resolve endogeneity. aeaweb.org/articles?id=10…