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Market power, economic efficiency, and the Lerner index
Record Type:
Language materials, printed : Monograph/item
Title/Author:
Market power, economic efficiency, and the Lerner index/ [editors] Rolf Färe, Shawna Grosskopf, Dimitris Margaritis.
other author:
Färe, Rolf,
Published:
Singapore :World Scientific ; : c2024.,
Description:
1 online resource (xvi, 131 p.) :ill. :
Subject:
Production (Economic theory) -
Online resource:
https://www.worldscientific.com/worldscibooks/10.1142/13668#t=toc
ISBN:
9789811285936
Market power, economic efficiency, and the Lerner index
Market power, economic efficiency, and the Lerner index
[electronic resource] /[editors] Rolf Färe, Shawna Grosskopf, Dimitris Margaritis. - 1st ed. - Singapore :World Scientific ;c2024. - 1 online resource (xvi, 131 p.) :ill. - World Scientific-now publishers series in business,vol. 192251-3442 ;. - World Scientific-now publishers series in business,vol. 19..
Includes bibliographical references and index.
"The book uses distance functions, a generalization of the more familiar production function, as the theoretical and empirical tools to construct Lerner indexes of market power in both the input and output markets. The use of distance functions enables us to explicitly account for the effects of firm inefficiency and price markups in the evaluation of market power. The book focusses on the theory and provides a menu of applications to construct measures of firm efficiency and market power in the financial and public sectors"--
ISBN: 9789811285936Subjects--Topical Terms:
561561
Production (Economic theory)
LC Class. No.: HB241 / .M354
Dewey Class. No.: 338.001
Market power, economic efficiency, and the Lerner index
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Market power, economic efficiency, and the Lerner index
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ill.
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"The book uses distance functions, a generalization of the more familiar production function, as the theoretical and empirical tools to construct Lerner indexes of market power in both the input and output markets. The use of distance functions enables us to explicitly account for the effects of firm inefficiency and price markups in the evaluation of market power. The book focusses on the theory and provides a menu of applications to construct measures of firm efficiency and market power in the financial and public sectors"--
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Description based on print version record.
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https://www.worldscientific.com/worldscibooks/10.1142/13668#t=toc
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