A new test for monopoly with limited cost data

The test’s intuition is that demand estimates in isolation may diverge from demand estimates under joint estimation with cost if the monopoly null hypothesis is false. Simulations indicate that the test can have substantial power using duopoly data.

MoreLess

Year of publication:	2012
Authors:	Moul, Charles C.
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 117.2012, 3, p. 891-894
Publisher:	Elsevier
Subject:	Market structure test \| Monopoly \| Demand estimation

More details

Type of publication:	Article
Classification:	C12 - Hypothesis Testing ; C52 - Model Evaluation and Testing ; d22 ; L1 - Market Structure, Firm Strategy, and Market Performance
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010594210