Market Power, Economic Efficiency And The Lerner Index
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B01=Dimitris Margaritis
B01=Rolf Fare
B01=Shawna Grosskopf
Banking
Category1=Non-Fiction
Category=KCB
Category=KCD
Category=KCH
Category=KCHS
COP=Singapore
Data Envelopment Analysis
Delivery_Delivery within 10-20 working days
Distance Functions
eq_bestseller
eq_business-finance-law
eq_isMigrated=0
eq_isMigrated=2
eq_nobargain
eq_non-fiction
Language_English
Lerner Index
Market Power
PA=Available
Price_€50 to €100
PS=Active
softlaunch
Product details
- ISBN 9789811285929
- Publication Date: 09 Apr 2024
- Publisher: World Scientific Publishing Co Pte Ltd
- Publication City/Country: SG
- Product Form: Hardback
- Language: English
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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.
