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Excess Entry in the Absence of Scale Economies

✍ Scribed by Arghya Ghosh; Souresh Saha


Publisher
Springer
Year
2005
Tongue
English
Weight
160 KB
Volume
30
Category
Article
ISSN
0938-2259

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## 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 Herfindahl–Hirschmann Index, is to b