PPT-Empirical estimation of market power and firm conduct

How can conjectural variation models help Alan Crawford and Benoît Durand OFT Seminar The questions Can we use conjectural variation models to measure empirically market power identify the source of market power Can we use conjectural variation models to tell whether market power is the result of product differentiation or collusion . MICROECONOMICS. Principles and Analysis. . Frank Cowell . Almost essential . Firm: Demand and Supply. Prerequisites. July 2015. 1. Note: the detail in slides marked “ * ” can only be seen if you run the slideshow. David L. . Baumer. , NC State University. Academy of Legal Scholars in Business, August 2010 Annual Conference. Empirical Research. Although not all legal scholarship requires empirical research, clearly in some instances, empirical research enhances the credibility of contentions made in scholarly legal writings. Molecular Formulas. Let’s use those mole conversions!. Empirical formula . tells you the lowest ratio of atoms within a molecule. Molecular formula . tells you the actual ratio of atoms within a molecule. Objectives. To learn how to work out the percentage composition by weight of a compound. To use percentage composition to work out empirical formulae. Percentage compositions. This means what percentage of each element is present in a compound, and therefore tells you what masses of each element are present in any given mass of a compound. . Chemistry GT 3/20/15. Drill. Calculate the percent composition of Na. 2. SO. 4. .. HW: Molecular Formula WS (pg. 4). MM. =142.05 . g. /mol. 32.37% Na, 22.58% S, 45.05% O. Chem. Joke of the Day. The photon checked into a hotel. What did it say when the bellhop asked for its bag?. Molecular Formulas. Let’s use those mole conversions!. Empirical formula . tells you the lowest ratio of atoms within a molecule. Molecular formula . tells you the actual ratio of atoms within a molecule. . conditional . VaR. . and . expected shortfall. Outline. Introduction. Nonparametric . Estimators. Statistical . Properties. Application. Introduction. Value-at-risk (. VaR. ) and expected shortfall (ES) are two popular measures of market risk associated with an asset or portfolio of assets.. The Mole. Chemist’s counting number. amount. of a substance . 1 mole is equal to 6.022 x 10. 23. atoms or particles or molecules (Avogadro’s number). There are always 6.022 x 10. 23 . particles in . Percent Composition. Percent . Composition – . the . percentage . by mass of . each . element in a . compound (*note: not the ratio of elements in the compound). Law of Definite Proportions . – compounds always contain the same proportions of elements by mass.. Determining Molecular Formulas. Calculate the molecular formula of a compound whose molar mass is 60.0 g/mol and has an empirical formula of CH4N.. What you need:. Empirical Formula. Molar Mass. Calculate the molar mass of the empirical formula. Objectives:. -         . The student will determine an empirical, or simplest, formula from percentage composition data..  . PA Science and Technology Standards: 3.4.10.A; 3.4.12.A. PA Mathematics Standards: 2.2.11.A, 2.3.11.C, 2.4.11.E, 2.5.11.A. Percent Composition. ~percent by mass of atoms present in a compound. = (mass of atom). . (total molar mass) x 100. water is . 88.81 . % Oxygen and . 11.19 . % Hydrogen. O- 16.00/18.016 x 100 = . 88.81 . Approach. Derive new empirical parameters to represent (1) the dynamic evolution of SOAs in smog chambers as a function of NO. x. -dependent multigenerational chemistry and (2) losses of gases and particles to walls. We have discussed theoretical analysis of algorithms mostly in terms of asymptotic worst case and average case big O complexities. What we often care about even more is what will our typical or average case complexity be for our actual problem of interest.