Estimating market power and strategies / Jeffrey M. Perloff, Larry S. Karp, Amos Golan.

Author
Perloff, Jeffrey M. [Browse]
Format
Book
Language
English
Published/​Created
New York, NY : Cambridge University Press, 2007.
Description
xi, 340 p. : ill. ; 25 cm.

Details

Subject(s)
Related name
Summary note
"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 complete 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."--BOOK JACKET.
Bibliographic references
Includes bibliographical references (p. 289-302) and index.
Contents
1. Introduction and overview -- 2. Structure-conduct-performance -- 3. Industry models of market power -- 4. Differentiated-product structural models -- 5. Strategic reasons for a dynamic estimation model -- 6. Dynamic games involving economic fundamentals -- 7. Estimation of dynamic games involving economic fundamentals -- 8. Estimation of market power using a linear-quadratic model -- 9. Estimating strategies : theory -- 10. Estimating strategies : case studies.
ISBN
  • 9780521804400 (hardback)
  • 052180440X (hardback)
  • 9780521011143 (pbk.)
  • 0521011140 (pbk.)
LCCN
2007000000
OCLC
79001271
RCP
C - S