Using Empirical Marginal Cost to Measure Market Power in the US Economy
收藏NBER2018-11-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w25251
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资源简介:
Market power arises in the case where a seller is aware that raising output will depress price. In the profit-maximizing equilibrium with market power, price exceeds marginal cost. The Lerner index---the ratio of price less marginal cost to the price---is a widely accepted measure of market power.
提供机构:
美国国家经济研究局
创建时间:
2018-11-01



