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A measure of market imperfection by frontier analysis

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Author Info
MOUCHART, Michel
VANDRESSE, Marie
Abstract

In this paper, we propose an empirical method to measure the market imperfection and the bargaining power of the agents, by extending the methods of frontier analysis. A case study in the Þeld of freight transport illustrates the proposed method.

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File URL: http://www.core.ucl.ac.be/services/psfiles/dp03/dp2003-92.ps
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Publisher Info
Paper provided by Université catholique de Louvain, Center for Operations Research and Econometrics (CORE) in its series CORE Discussion Papers with number 2003092.

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Date of creation: 01 Dec 2003
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Handle: RePEc:cor:louvco:2003092

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Related research
Keywords: frontier analysis; supply and demand bid functions; imperfect competition; bargaining power;

Find related papers by JEL classification:
D49 - Microeconomics - - Market Structure and Pricing - - - Other
C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation

Cited by:
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  1. Michel Mouchart & Marie Vandresse, 2007. "Bargaining powers and market segmentation in freight transport," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 22(7), pages 1295-1313. [Downloadable!]
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