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Estimating market power and strategies /
Record Type:
Language materials, printed : Monograph/item
Title/Author:
Estimating market power and strategies // Jeffrey M. Perloff, Larry S. Karp, Amos Golan.
remainder title:
Estimating Market Power & Strategies
Author:
Perloff, Jeffrey M.,
other author:
Karp, Larry S.,
Description:
1 online resource (xi, 340 pages) :digital, PDF file(s). :
Notes:
Title from publisher's bibliographic system (viewed on 05 Oct 2015).
Subject:
Business enterprises - Finance. -
Online resource:
https://doi.org/10.1017/CBO9780511753985
ISBN:
9780511753985 (ebook)
Estimating market power and strategies /
Perloff, Jeffrey M.,
Estimating market power and strategies /
Estimating Market Power & StrategiesJeffrey M. Perloff, Larry S. Karp, Amos Golan. - 1 online resource (xi, 340 pages) :digital, PDF file(s).
Title from publisher's bibliographic system (viewed on 05 Oct 2015).
Introduction -- Structure-conduct-performance -- Industry models of market power -- Differentiated-product structural models -- Strategic reasons for a dynamic estimation model -- Dynamic games involving economic fundamentals -- Estimation of dynamic games involving economic fundamentals -- Estimation of market power using a linear-quadratic model -- Estimating strategies: theory -- Estimating strategies-case studies -- Statistical appendix -- Bibliography.
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.
ISBN: 9780511753985 (ebook)Subjects--Topical Terms:
561579
Business enterprises
--Finance.
LC Class. No.: HG4026 / .P4494 2007
Dewey Class. No.: 338.4/301
Estimating market power and strategies /
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Estimating market power and strategies /
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Jeffrey M. Perloff, Larry S. Karp, Amos Golan.
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Estimating Market Power & Strategies
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Introduction -- Structure-conduct-performance -- Industry models of market power -- Differentiated-product structural models -- Strategic reasons for a dynamic estimation model -- Dynamic games involving economic fundamentals -- Estimation of dynamic games involving economic fundamentals -- Estimation of market power using a linear-quadratic model -- Estimating strategies: theory -- Estimating strategies-case studies -- Statistical appendix -- Bibliography.
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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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Corporations
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Finance.
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Karp, Larry S.,
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https://doi.org/10.1017/CBO9780511753985
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