A generalized index of market power
This paper analyses two approaches to measuring market power -the commonly used Lerner index and a range of exploitation measures-. It is argued that the Lerner index is designed to quantify market power from the supply side, and the exploitation measures are designed to quantify market power from t...
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Formato: | Desconocido (Unknown) |
Lenguaje: | Inglés (English) |
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Universidad de los Andes, Facultad de Economía, CEDE
2018
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Acceso en línea: | http://hdl.handle.net/1992/7970 |