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Estimating Market Power and Strategies
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Estimating Market Power and Strategies Hard cover - 2007

by Jeffrey M. Perloff

  • New
  • Hardcover

Description

Hard Cover. New. New Book; Fast Shipping from UK; Not signed; Not First Edition; The book shows economists how to estimate the ability of firms to raise their prices above their costs and how to estimate firms' strategies. It is designed for graduate students, researchers, and practitioners. It can be used as a text
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Details

  • Title Estimating Market Power and Strategies
  • Author Jeffrey M. Perloff
  • Binding Hard Cover
  • Condition New
  • Pages 354
  • Volumes 1
  • Language ENG
  • Publisher Cambridge University Press, West Nyack, New York, U.S.A.
  • Date 2007-06-18
  • Illustrated Yes
  • Features Bibliography, Illustrated, Index, Table of Contents
  • Bookseller's Inventory # ria9780521804400_pod
  • ISBN 9780521804400 / 052180440X
  • Weight 1.32 lbs (0.60 kg)
  • Dimensions 9.5 x 6.3 x 0.9 in (24.13 x 16.00 x 2.29 cm)
  • Library of Congress subjects Organizational effectiveness, Corporations - Finance
  • Library of Congress Catalog Number 2007000000
  • Dewey Decimal Code 338.52

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Summary

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.

From the publisher

Includes bibliographical references and index.