More on the HMGs: Scoring Unilateral Effects with the GUPPI

Joshua Wright August 31, 2010

Truth on the Market View Original Source

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Steve Salop, Serge Moresi, and John Woodbury have posted a very useful primer on the new HMGs new “value of diverted sales” approach to unilateral effects: the gross upward pricing pressure index (GUPPI).  Here’s the basic idea…

Read the full piece here.