Replication data for: Who Thinks about the Competition? Managerial Ability and Strategic Entry in US Local Telephone Markets

Principal Investigator(s):  View help for Principal Investigator(s) Avi Goldfarb; Mo Xiao

Version:  View help for Version V1

Name File Type Size Last Modified
  Goldfarb_Xiao_data_programs 09/14/2021 01:47:PM
LICENSE.txt text/plain 14.6 KB 10/11/2019 12:30:PM

Project Citation: 

Goldfarb, Avi, and Xiao, Mo. Replication data for: Who Thinks about the Competition? Managerial Ability and Strategic Entry in US Local Telephone Markets. Nashville, TN: American Economic Association [publisher], 2011. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-11. https://doi.org/10.3886/E112476V1

Project Description

Summary:  View help for Summary We examine US local telephone markets shortly after the Telecommunications Act of 1996. The data suggest that more experienced, better-educated managers tend to enter markets with fewer competitors. This motivates a structural econometric model based on behavioral game theory that allows heterogeneity in managers' ability to conjecture competitor behavior. We find that manager characteristics are key determinants in managerial ability. This estimate of ability predicts out-of-sample success. Also, the measured level of ability rises following a shakeout, suggesting that our behavioral assumptions may be most relevant early in the industry's life cycle. (JEL L96, L98, M10)

Scope of Project

Subject Terms:  View help for Subject Terms Telecommunications: Firm Entry
JEL Classification:  View help for JEL Classification
      L96 Telecommunications
      L98 Industry Studies: Utilities and Transportation: Government Policy
      M10 Business Administration: General
Geographic Coverage:  View help for Geographic Coverage United States
Time Period(s):  View help for Time Period(s) 1998 – 2002
Data Type(s):  View help for Data Type(s) observational data

Methodology

Data Source:  View help for Data Source 1) New Paradigm Resources Group, Inc 2) Web search
Unit(s) of Observation:  View help for Unit(s) of Observation Census Place - year,

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V1 [2019-10-11]

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