Market Power: How Does it Arise? How is it Measured?

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DC Field	Value	Language
dc.contributor.author	White, Lawrence J.	-
dc.date.accessioned	2012-05-10T16:53:41Z	-
dc.date.available	2012-05-10T16:53:41Z	-
dc.date.issued	2012-05-10T16:53:41Z	-
dc.identifier.uri	http://hdl.handle.net/2451/31547	-
dc.description.abstract	Market power – how it arises, and how it is measured – is an important topic for the economics field of “industrial organization” (IO). It is also an important topic for managers and for managerial economics, since it can be related to sustainable advantage for a company and it is usually at the center of antitrust cases in which a company may be involved. This chapter defines market power, discusses how it arises, and describes the various methods that have been used for empirically detecting and measuring it. Attention is also given to the role and measurement of market power in important antitrust contexts.	en
dc.language.iso	en_US	en
dc.rights	Copyright Lawrence J. White, 2012.	en
dc.subject	market power, monopoly	en
dc.subject	oligopoly, competition	en
dc.subject	Lerner index, S-C-P paradigm	en
dc.subject	antitrust, merger guidelines	en
dc.title	Market Power: How Does it Arise? How is it Measured?	en
dc.type	Working Paper	en
dc.authorid-ssrn	15117	en
Appears in Collections:	Economics Working Papers

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White_MarketPowerRiseandMeasure.pdf	Market Power: How Does it Arise? How is it Measured?	228.35 kB	Adobe PDF	View/Open