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Institute for Research on Labor and Employment
University of California, Berkeley
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Estimating a Mixed Strategy: United and American Airlines
Amos Golan, American University
Larry S. Karp, University of California, Berkeley
Jeffrey M. Perloff, University of California, Berkeley

Download the Paper (262 K, PDF file) - June 1, 1998 Tell a colleague about it.
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ABSTRACT:
We develop a generalized maximum entropy estimator that can estimate pure and mixed strategies subject to restrictions from game theory. This method avoids distributional assumptions and is consistent and efficient. We demonstrate this method by estimating the mixed strategies of duopolistic airlines.

SUGGESTED CITATION:
Amos Golan, Larry S. Karp, and Jeffrey M. Perloff, "Estimating a Mixed Strategy: United and American Airlines" (June 1, 1998). Institute for Research on Labor and Employment. Institute for Research on Labor and Employment Working Paper Series. Paper iirwps-081-02.
http://repositories.cdlib.org/iir/iirwps/iirwps-081-02

 
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