Estimating Market Power And Strategies
DOWNLOAD
Download Estimating Market Power And Strategies PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get Estimating Market Power And Strategies book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page
Estimating Market Power And Strategies
DOWNLOAD
Author : Jeffrey M. Perloff
language : en
Publisher: Cambridge University Press
Release Date : 2007-06-18
Estimating Market Power And Strategies written by Jeffrey M. Perloff and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-06-18 with Business & Economics categories.
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.
Estimating Market Power
DOWNLOAD
Author : Jan De Loecker
language : en
Publisher:
Release Date : 2016
Estimating Market Power written by Jan De Loecker and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with Alcoholic beverage industry categories.
While inferring markups from demand data is common practice, estimation relies on difficult-to-test assumptions, including a specific model of how firms compete. Alternatively, markups can be inferred from production data, again relying on a set of difficult-to-test assumptions, but a wholly different set, including the assumption that firms minimize costs using a variable input. Relying on data from the US brewing industry, we directly compare markup estimates from the two approaches. After implementing each approach for a broad set of assumptions and specifications, we find that both approaches provide similar and plausible markup estimates in most cases. The results illustrate how using the two strategies together can allow researchers to evaluate structural models and identify problematic assumptions.
The Sully Portraits At The United States Military Academy West Point New York
DOWNLOAD
Author :
language : en
Publisher:
Release Date : 1940
The Sully Portraits At The United States Military Academy West Point New York written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1940 with Portraits, American categories.
Estimating The Degree Of Market Power And Price Response Strategies In Aproduct Differentiated Oligopoly
DOWNLOAD
Author : Apichart Daloonpate
language : en
Publisher:
Release Date : 2002
Estimating The Degree Of Market Power And Price Response Strategies In Aproduct Differentiated Oligopoly written by Apichart Daloonpate and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with Economics, Commerce-Business categories.
Industrial Organization
DOWNLOAD
Author : Paul Belleflamme
language : en
Publisher: Cambridge University Press
Release Date : 2010-01-07
Industrial Organization written by Paul Belleflamme and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-01-07 with Business & Economics categories.
Industrial Organization: Markets and Strategies provides an up-to-date account of modern industrial organization that blends theory with real-world applications. Written in a clear and accessible style, it acquaints the reader with the most important models for understanding strategies chosen by firms with market power and shows how such firms adapt to different market environments. It covers a wide range of topics including recent developments on product bundling, branding strategies, restrictions in vertical supply relationships, intellectual property protection, and two-sided markets, to name just a few. Models are presented in detail and the main results are summarized as lessons. Formal theory is complemented throughout by real-world cases that show students how it applies to actual organizational settings. The book is accompanied by a website containing a number of additional resources for lecturers and students, including exercises, answers to review questions, case material and slides.
The Metaphysics Of Market Power
DOWNLOAD
Author : George Raitt
language : en
Publisher: Bloomsbury Publishing
Release Date : 2019-05-02
The Metaphysics Of Market Power written by George Raitt and has been published by Bloomsbury Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-05-02 with Law categories.
Australian competition law has just emerged from a significant period of reform which has seen controversial changes to the legal test to distinguish between normal competitive conduct and conduct that should be condemned. The controversy continues, arguably because the traditional legal conception of market power does not provide a useful standard in real world markets. This important new book offers a radical interpretation of market power, based on the power to manipulate. Seeing it in this way allows for positive and normative standards within which to frame a legal theory of liability for misuse of that power. The book provides suggestions to improve the forensic assessment of conduct that should be condemned as misuse of market power.
Valuation Hedging And Speculation In Competitive Electricity Markets
DOWNLOAD
Author : Petter L. Skantze
language : en
Publisher: Springer Science & Business Media
Release Date : 2001-10-31
Valuation Hedging And Speculation In Competitive Electricity Markets written by Petter L. Skantze and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001-10-31 with Business & Economics categories.
The challenges facing participants in competitive electricity markets are staggering: high price volatility introduces significant financial risk into an industry accustomed to guaranteed rates of return, while illiquid forward markets prevent effective hedging strategies from being implemented. Valuation, Hedging and Speculation in Competitive Electricity Markets: A Fundamental Approach , examines the unique properties which separate electricity from other traded commodities, including the lack of economical storage, and the impact of a scarce transmission network. The authors trace the sources of uncertainties in the price of electricity to underlying physical and economic processes, and incorporate these into a bid-based model for electricity spot and forward prices. They also illustrate how insufficient market data can be circumvented by using a combination of price and load data in the marking- to-market process. The model is applied to three classes of problems central to the operation of any electric utility or power marketer; valuing generation assets, formulating dynamic hedging strategies for load serving obligations, and pricing transmission contracts and locational spread options. Emphasis is placed on the difference between trades which can be 'booked out' in the forward markets, and those which must be carried through to delivery. Lately, significant attention has been given to the role of regulators in mitigating excessive price levels in electricity markets. The authors conduct a quantitative analysis of the long-term effects of regulatory intervention through the use of price caps. By modeling the dynamic interplay between the observed price levels and the decision to invest in new generation assets, it is shown how such short term fixes can lead to long term deficits in the available generation capacity, and ultimately to market failures and blackouts.
Estimating Market Price
DOWNLOAD
Author : National Institute of Real Estate Brokers (U.S.)
language : en
Publisher:
Release Date : 1959
Estimating Market Price written by National Institute of Real Estate Brokers (U.S.) and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1959 with Real property categories.
Handbook Of Production Economics
DOWNLOAD
Author : Subhash C. Ray
language : en
Publisher: Springer Nature
Release Date : 2022-06-02
Handbook Of Production Economics written by Subhash C. Ray and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-06-02 with Business & Economics categories.
This three-volume handbook includes state-of-the-art surveys in different areas of neoclassical production economics. Volumes 1 and 2 cover theoretical and methodological issues only. Volume 3 includes surveys of empirical applications in different areas like manufacturing, agriculture, banking, energy and environment, and so forth.
The Handbook Of Maritime Economics And Business
DOWNLOAD
Author : Costas Grammenos
language : en
Publisher: Taylor & Francis
Release Date : 2013-07-04
The Handbook Of Maritime Economics And Business written by Costas Grammenos and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-07-04 with Law categories.
This book is the founding title in the Grammenos Library. The diversity of the subjects covered is unique and the results of research developed over many years are not only comprehensive, but also have important implications on real life issues in maritime business. The new edition covers a vast number of topics, including: • Shipping Economics and Maritime Nexus • International Seaborne Trade • Economics of Shipping Market and Shipping Cycles • Economics of Shipping Sectors • Issues in Liner Shipping • Economics of Maritime Safety and Seafaring Labour Market • National and International Shipping Policies • Aspects of Shipping Management and Operations• Shipping Investment and Finance • Port Economics and Management • Aspects of International Logistics