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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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1
Estimating market power and strategies
2007, Cambridge University Press
in English
052180440X 9780521804400
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2
Estimating Market Power and Strategies
June 18, 2007, Cambridge University Press
Hardcover
in English
052180440X 9780521804400
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3
Estimating Market Power and Strategies
2007, Cambridge University Press
eBook
in English
0511287372 9780511287374
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4
Estimating Market Power and Strategies
June 18, 2007, Cambridge University Press
Paperback
in English
0521011140 9780521011143
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Book Details
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Includes bibliographical references and index.
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