Market Power Economic Efficiency And The Lerner Index is popular PDF and ePub book, written by Rolf Fare in 2024-03-14, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Market Power Economic Efficiency And The Lerner Index can be Read Online from any device for your convenience.

Market Power Economic Efficiency And The Lerner Index Book PDF Summary

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.

Detail Book of Market Power Economic Efficiency And The Lerner Index PDF

Market Power  Economic Efficiency And The Lerner Index
  • Author : Rolf Fare
  • Release : 14 March 2024
  • Publisher : World Scientific
  • ISBN : 9789811285943
  • Genre : Business & Economics
  • Total Page : 149 pages
  • Language : English
  • PDF File Size : 7,5 Mb

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