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Cambridge University Press Estimating Market Power and Strategies

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£70.20 £58.79 £61.28 £63.77 £66.26 £68.75 £71.24 05 April 2026 24 April 2026 14 May 2026 02 June 2026 22 June 2026

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Description

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.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
18 June 2007
Listed Since
13 February 2007

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