## Abstract The objective of this paper is to use a simultaneous equations method for estimating police production and demand to determine whether or not there are economies of scale in policing. In addition, the effect of market power on productivity, using the HerfindahlβHirschmann Index, is to b
Economies of Scale and Asset Values in Power Production
β Scribed by Timothy J. Considine
- Publisher
- Elsevier Science
- Year
- 1999
- Tongue
- English
- Weight
- 320 KB
- Volume
- 12
- Category
- Article
- ISSN
- 1040-6190
No coin nor oath required. For personal study only.
β¦ Synopsis
A spark-spread options analysis suggests that full competition in the steam electricity market may induce a substantial consolidation, but not to just a handful of industry titans, as in the telecommunications industry.
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