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Automobile Industry, Levinsohn, and Pakes, Relationship, Models of Product, Substitution Patterns, Model Identify, Detailed Argument, Endogeneity, Empirical Papers, Primary Research. Above mentioned are some hints to Industrial Organization exam paper.
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IO Field Exam Instructor: Ben Handel
This exam is comprised of two sections. The first section is for material covered in IO, 220A taught in the spring of 2012 by Ben Handel. The second section is for material covered in IO, 220C taught in the fall by Denis Nekipelov. Each section is worth 50 points.
Question 1 (30 points) Bresnahan (1987) and Berry, Levinsohn, and Pakes (1995) study market structure in the automobile industry. This question asks about specific details pertaining to each of these papers, and asks you to discuss the relationship between them.
IO Field Exam Instructor: Ben Handel
Question 2 (20 points) Select two empirical papers tuaght in IO 220-A. Potential examples include: Crawford & Yurokoglu (2012), Grubb & Osborne (2012), Handel (2011), Cohen & Einav (2007), Gin & Leslie (2003), Hendel & Nevo (2006) Hortacsu & Syverson (2004), Berry & Waldfogel (1999). You may choose another paper if it was discussed in class. You can earn at most 10 points for each paper by answering the following questions:
IO Field Exam Instructor: Denis Nekipelov
used to set the reserve price in the remaining k − 1 groups. Using the derived asymp- totic properties of the estimator for fv(·), find the number of groups that maximizes the ex ante expected revenue of the auctioneer.