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  • Search: subject:"Normalized quadratic profit functions"
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Year of publication
Subject
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Duality 1 Market power 1 Normalized quadratic cost function 1 Normalized quadratic profit functions 1 Production Economics 1
Online availability
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Free 1
Type of publication
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Book / Working Paper 1
Language
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Undetermined 1
Author
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Gao, Zhifeng 1 Moss, Charles B. 1
Institution
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Southern Agricultural Economics Association - SAEA 1
Published in...
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2013 Annual Meeting, February 2-5, 2013, Orlando, Florida 1
Source
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RePEc 1
Showing 1 - 1 of 1
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Testing Market Power with Profit Functions: a Dual Approach with Normalized Quadratic
Gao, Zhifeng; Moss, Charles B. - Southern Agricultural Economics Association - SAEA - 2013
The dual relationship between parameters of normalized quadratic cost and profit functions is determined when firms can implement market power on the output market. An approach is developed to test the market power by comparing the profits of a firm with and without market power. Simulations...
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