Toward measuring monopoly power

✍ Scribed by Robert D. Cairns

• Book ID: 104650477
• Publisher: Springer US
• Year: 1996
• Tongue: English
• Weight: 589 KB
• Volume: 11
• Category: Article
• ISSN: 0889-938X
• DOI: 10.1007/bf00163603

✦ Synopsis

Some implications of Hyde and Perloff's paper on whether monopoly power can be measured are considered. It is concluded that measuring monopoly power requires a long-run view, with a focus on the implications of product differentiation, and a reliance on accounting data.