DifferenceinDifferences in the Marketplace











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Price theory is essential for understanding difference-in-differences, treatment effects, and other topics in causal inference. This is the Economics 301 lecture on the topic (AI voiceover), based on the paper by Robert Minton and Casey B. Mulligan (https://DiD.ChicagoPriceTheory.com). The lecture refers to    • Chapter 11. The Industry Model  , where sigma is the elasticity of factor substitution and epsilon is the price elasticity of final demand.

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