Market power, economic efficiency, and the Lerner index

Author(s)

• Färe, Rolf
• Grosskopf, Shawna
• Margaritis, Dimitris

Bibliographic Information

Market power, economic efficiency, and the Lerner index

editors, Rolf Färe, Shawna Grosskopf, Dimitris Margaritis

（World Scientific-Now publishers series in business, v. 19）

World Scientific , Now, c2024

• : hardcover

Note

Summary: "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"--Provided by publisher

Includes bibliographical references and index

Details

• NCID: BD08382733
• ISBN:
  • 9789811285929
• LCCN: 2023048984
• Country Code: si
• Title Language Code: eng
• Text Language Code: eng
• Place of Publication: Singapore,Hanover, Mass.
• Pages/Volumes: xvi, 131 p.
• Size: 24 cm
• Classification:
  • LCC : HB241
  • DC23 : 338.001
• Subject Headings:
  • LCSH : Production (Economic theory)
  • LCSH : Production functions (Economic theory)
  • LCSH : Industrial productivity
• Parent Bibliography ID:
  • BB09894146