Estimating Market Power and Strategies
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Publication
2007-06-18 - Cambridge University Press
Language
English
Word Count
88,000 words, Guess
Page Count
352 pages
Physical Format
Paperback
Identifiers
- Open LibraryOL10435088M
- ISBN-139780521011143
- ISBN-100521011140
- OCLC Control Number79001271
- OCLC Control Numberestimatingmarket00jmpe
and 3 more
- Library of Congress Control Number2007000000
- Goodreads505722
- LibraryThing7844419
Classifications
- LCCHG4026.P4494 2007
- DDC338.4/301
- LCCHG4026 .P4494 2007
Description
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.
Subjects
Topics
Other Editions
- Estimating Market Power and Strategies
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