Estimating Market Power And Strategies at Meripustak

Estimating Market Power And Strategies

Books from same Author: Jeffrey M Perloff   Larry S Karp Et Al

Books from same Publisher: Cambridge University Press

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  • General Information  
    Author(s)Jeffrey M Perloff   Larry S Karp Et Al
    PublisherCambridge University Press
    ISBN9780521011143
    Pages352
    BindingSoftcover
    LanguageEnglish
    Publish YearAugust 2007

    Description

    Cambridge University Press Estimating Market Power And Strategies by Jeffrey M Perloff   Larry S Karp Et Al

    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.