The methods proposed in the new empirical industrial organization (NEIO) literature have made significant contributions to our understanding of competitive behavior. However, these methods have yet to be compared with each other for their performance in explaining and diagnosing competitive market conduct. This inter-method comparison is important because conclusions about competitive behavior ...

The impact of a firm’s strategic marketing mix choices on profitability can be evaluated by understanding the impact of those choices on consumer demand for the firm’s products and on the firm’s costs. Additionally, a firm’s strategic marketing mix choices, and its demand and costs can be affected by rival firms’ strategic choices. Therefore, to understand the effects of choice of marketing mix...

Estimating market power is often complicated by the lack of reliable measures of marginal cost. Instead, policy-makers often rely on other summary statistics of the market, thought to be correlated with price cost margins–such as concentration ratios or the HHI. In many industries, these summary statistics may be only weakly correlated with deviations from perfectly competitive pricing. Beginni...

Estimating market power is often complicated by a lack of reliable marginal cost data. Instead, policy-makers often rely on summary statistics of the market, thought to be correlated with price cost margins— such as concentration ratios or the HHI. In many industries, these summary statistics may be only weakly correlated with deviations from marginal cost pricing. Beginning with Gollop and Rob...

abstract efficacy of encouraging and punishing policies of government in different markets is related to market power. study of market behavior is also important for efficient structuring of tools such as commodity exchanges and cooperatives. in this study, market power structure of pistachio domestic market in iran was investigated. sample was 343 pistachio producers and 252 pistachio traders ...

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The analysis and definition of markets, their structure, and concentration, especially for international comparisons, are complicated by a lack of adequate and comparable data. This is particularly so for multi-product and multinational firms. For instance, the U.S. Department of Commerce reports measures of industry concentration which do not embody either the control of subsidiary firms or th...