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Estimating market power and strategies /
This book presents, compares, and develops various techniques for estimating market power - the ability to set price profitably above marginal cost - and strategies - the game-theoretic plans used by firms to compete with rivals. The authors start by examining static model approaches to estimating m...
| Clasificación: | Libro Electrónico |
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| Autor principal: | |
| Otros Autores: | , |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
New York, NY :
Cambridge University Press,
2007.
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| Temas: | |
| Acceso en línea: | Texto completo |
| Sumario: | This book presents, compares, and develops various techniques for estimating market power - the ability to set price profitably above marginal cost - and strategies - the game-theoretic plans used by firms to compete with rivals. The authors start by examining static model approaches to estimating market power. They extend the analysis to dynamic models. Finally, they develop methods to estimate firms' strategies directly and examine how these strategies determine market power. A detailed technical appendix reviews the relevant information-theoretic and other econometric models that are used throughout. Questions and detailed answers for students and researchers are provided in the book for easy use. |
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| Descripción Física: | 1 online resource (xi, 340 pages) : illustrations |
| Bibliografía: | Includes bibliographical references (pages 289-302) and index. |
| ISBN: | 9780511290565 051129056X 9780511753985 0511753985 0511289960 9780511289965 9786610917372 661091737X 9780511289378 0511289375 9781934645222 1934645222 |