Abstract

We thank Gregory S. Crawford for his encouragement and insightful comments. We also thank Victor Aguirregabiria, Ozlem Bedre, Meghan Busse, Jean-Pierre Dub € e, David Genesove, Margaret Kyle, Rafael Moner-Colonques, Ariel Pakes, Michelle Sovinsky, Michael Waterson, Ali Yurukoglu and the seminar participants at the NBER IO Winter Meetings 2012, CEPR-JIE Conference on Applied IO 2012, Hebrew University, Toulouse School of Economics, Universidad Diego Portales, Universidad de Chile, the University of Warwick and University of Zurich. Noton acknowledges financial support from the Institute for Research in Market Imperfections and Public Policy, ICM IS130002, Ministerio de Economia. An earlier version of this article circulated under the title ‘Revealing Bargaining Power through Actual Wholesale Prices’.

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