Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/322839 
Erscheinungsjahr: 
2010
Schriftenreihe/Nr.: 
Discussion Papers Series No. 10-20
Verlag: 
Utrecht University, Utrecht School of Economics, Tjalling C. Koopmans Research Institute, Utrecht
Zusammenfassung: 
The Profit Elasticity (PE) is a new competition measure introduced in Boone (2008). So far, there was no direct proof that this measure can identify regimes of competition empirically. This paper focuses on this issue using data of Genesove and Mullin (1998) in which different regimes of competition are identified. We derive a version of PE suitable for this data set. This competition measure correctly classifies the monopoly / cartel regime as being less competitive than both the price was regime and break-up of cartel regime.
Schlagwörter: 
competition
measures of competition
price cost margin
profit elasticity
Dokumentart: 
Working Paper

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