Princeton University Library Catalog

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.
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.
Subject(s):
ISBN:
  • 9780521804400 (hardback)
  • 052180440X (hardback)
  • 9780521011143 (pbk.)
  • 0521011140 (pbk.)
LCCN:
2007000000
OCLC:
79001271
Related name:
RCP:
C - S