Skip to main content

Determining market power exertion between buyers and sellers: are nonparametrics a viable alternative?

Buy Article:

$53.17 plus tax (Refund Policy)

Abstract:

A review of recent literature reveals the development of several deterministic non-parametric (DNP) tests of market power. The performance of selected DNP market power tests is ascertained to determine their usefulness as an alternative to data-hungry parametric market power tests. This assessment is carried out through implementation of Monte Carlo experiments using data sets from ten known market structures. Only two of the six DNP tests appear able to satisfactorily identify market power.

Document Type: Research Article

DOI: https://doi.org/10.1080/0003684042000281570

Publication date: 2004-11-01

More about this publication?
  • Access Key
  • Free ContentFree content
  • Partial Free ContentPartial Free content
  • New ContentNew content
  • Open Access ContentOpen access content
  • Partial Open Access ContentPartial Open access content
  • Subscribed ContentSubscribed content
  • Partial Subscribed ContentPartial Subscribed content
  • Free Trial ContentFree trial content
Cookie Policy
X
Cookie Policy
Ingenta Connect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more