LIBROS DEL AUTOR: shawna grosskopf dimitris ma rolf fare

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  • MARKET POWER, ECONOMIC EFFICIENCY, AND THE LERNER INDEX
    FARE ROLF / SHAWNA GROSSKOPF DIMITRIS MA ROLF FARE
    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 focu...
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