Biases in Static Oligopoly Models? Evidence from the California Electricity Market
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https://www.nber.org/papers/w10895
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资源简介:
Estimating market power is often complicated by the lack of reliable measures of marginal cost. Instead, policy-makers often rely on other summary statistics of the market, thought to be correlated with price cost margins---such as concentration ratios or the HHI. In many industries, these summary
提供机构:
美国国家经济研究局
创建时间:
2004-11-01



