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Page 1: Market Definition in Crude Oil: Estimating the Effects of ...faculty.haas.berkeley.edu/shapiro/crudeoil.pdf · Title: Market Definition in Crude Oil: Estimating the Effects of the

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Page 2: Market Definition in Crude Oil: Estimating the Effects of ...faculty.haas.berkeley.edu/shapiro/crudeoil.pdf · Title: Market Definition in Crude Oil: Estimating the Effects of the
Page 3: Market Definition in Crude Oil: Estimating the Effects of ...faculty.haas.berkeley.edu/shapiro/crudeoil.pdf · Title: Market Definition in Crude Oil: Estimating the Effects of the
Page 4: Market Definition in Crude Oil: Estimating the Effects of ...faculty.haas.berkeley.edu/shapiro/crudeoil.pdf · Title: Market Definition in Crude Oil: Estimating the Effects of the
Page 5: Market Definition in Crude Oil: Estimating the Effects of ...faculty.haas.berkeley.edu/shapiro/crudeoil.pdf · Title: Market Definition in Crude Oil: Estimating the Effects of the
Page 6: Market Definition in Crude Oil: Estimating the Effects of ...faculty.haas.berkeley.edu/shapiro/crudeoil.pdf · Title: Market Definition in Crude Oil: Estimating the Effects of the
Page 7: Market Definition in Crude Oil: Estimating the Effects of ...faculty.haas.berkeley.edu/shapiro/crudeoil.pdf · Title: Market Definition in Crude Oil: Estimating the Effects of the
Page 8: Market Definition in Crude Oil: Estimating the Effects of ...faculty.haas.berkeley.edu/shapiro/crudeoil.pdf · Title: Market Definition in Crude Oil: Estimating the Effects of the
Page 9: Market Definition in Crude Oil: Estimating the Effects of ...faculty.haas.berkeley.edu/shapiro/crudeoil.pdf · Title: Market Definition in Crude Oil: Estimating the Effects of the
Page 10: Market Definition in Crude Oil: Estimating the Effects of ...faculty.haas.berkeley.edu/shapiro/crudeoil.pdf · Title: Market Definition in Crude Oil: Estimating the Effects of the
Page 11: Market Definition in Crude Oil: Estimating the Effects of ...faculty.haas.berkeley.edu/shapiro/crudeoil.pdf · Title: Market Definition in Crude Oil: Estimating the Effects of the
Page 12: Market Definition in Crude Oil: Estimating the Effects of ...faculty.haas.berkeley.edu/shapiro/crudeoil.pdf · Title: Market Definition in Crude Oil: Estimating the Effects of the
Page 13: Market Definition in Crude Oil: Estimating the Effects of ...faculty.haas.berkeley.edu/shapiro/crudeoil.pdf · Title: Market Definition in Crude Oil: Estimating the Effects of the
Page 14: Market Definition in Crude Oil: Estimating the Effects of ...faculty.haas.berkeley.edu/shapiro/crudeoil.pdf · Title: Market Definition in Crude Oil: Estimating the Effects of the
Page 15: Market Definition in Crude Oil: Estimating the Effects of ...faculty.haas.berkeley.edu/shapiro/crudeoil.pdf · Title: Market Definition in Crude Oil: Estimating the Effects of the
Page 16: Market Definition in Crude Oil: Estimating the Effects of ...faculty.haas.berkeley.edu/shapiro/crudeoil.pdf · Title: Market Definition in Crude Oil: Estimating the Effects of the
Page 17: Market Definition in Crude Oil: Estimating the Effects of ...faculty.haas.berkeley.edu/shapiro/crudeoil.pdf · Title: Market Definition in Crude Oil: Estimating the Effects of the
Page 18: Market Definition in Crude Oil: Estimating the Effects of ...faculty.haas.berkeley.edu/shapiro/crudeoil.pdf · Title: Market Definition in Crude Oil: Estimating the Effects of the
Page 19: Market Definition in Crude Oil: Estimating the Effects of ...faculty.haas.berkeley.edu/shapiro/crudeoil.pdf · Title: Market Definition in Crude Oil: Estimating the Effects of the
Page 20: Market Definition in Crude Oil: Estimating the Effects of ...faculty.haas.berkeley.edu/shapiro/crudeoil.pdf · Title: Market Definition in Crude Oil: Estimating the Effects of the
Page 21: Market Definition in Crude Oil: Estimating the Effects of ...faculty.haas.berkeley.edu/shapiro/crudeoil.pdf · Title: Market Definition in Crude Oil: Estimating the Effects of the
Page 22: Market Definition in Crude Oil: Estimating the Effects of ...faculty.haas.berkeley.edu/shapiro/crudeoil.pdf · Title: Market Definition in Crude Oil: Estimating the Effects of the
Page 23: Market Definition in Crude Oil: Estimating the Effects of ...faculty.haas.berkeley.edu/shapiro/crudeoil.pdf · Title: Market Definition in Crude Oil: Estimating the Effects of the
Page 24: Market Definition in Crude Oil: Estimating the Effects of ...faculty.haas.berkeley.edu/shapiro/crudeoil.pdf · Title: Market Definition in Crude Oil: Estimating the Effects of the
Page 25: Market Definition in Crude Oil: Estimating the Effects of ...faculty.haas.berkeley.edu/shapiro/crudeoil.pdf · Title: Market Definition in Crude Oil: Estimating the Effects of the
Page 26: Market Definition in Crude Oil: Estimating the Effects of ...faculty.haas.berkeley.edu/shapiro/crudeoil.pdf · Title: Market Definition in Crude Oil: Estimating the Effects of the