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'Assessing market dominance': a comment and an extension

Author

Listed:
  • Vassilis Droucopoulos

    () (Dpt. of Economics, University of Athens)

  • Panagiotis Chronis

    () (Bank of Greece, Economic Research Dept.)

Abstract

Melnik et al. [Melnik, A., Shy, Oz, Stenbacka, R. Assessing market dominance. Journal of Economic Behavior and Organization 68, 63-72] have proposed a new statistic to assess market dominance. In this comment we expand their discussion of certain mathematical properties in their analysis and link their methodology to some previous approaches.

Suggested Citation

  • Vassilis Droucopoulos & Panagiotis Chronis, 2010. "'Assessing market dominance': a comment and an extension," Economics Bulletin, AccessEcon, vol. 30(3), pages 1977-1983.
  • Handle: RePEc:ebl:ecbull:eb-10-00142
    as

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    File URL: http://www.accessecon.com/Pubs/EB/2010/Volume30/EB-10-V30-I3-P180.pdf
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    References listed on IDEAS

    as
    1. Rubinstein, Ariel, 1982. "Perfect Equilibrium in a Bargaining Model," Econometrica, Econometric Society, vol. 50(1), pages 97-109, January.
    2. Nash, John, 1953. "Two-Person Cooperative Games," Econometrica, Econometric Society, vol. 21(1), pages 128-140, April.
    3. Rubinstein, Ariel, 1991. "Comments on the Interpretation of Game Theory," Econometrica, Econometric Society, vol. 59(4), pages 909-924, July.
    4. Muthoo,Abhinay, 1999. "Bargaining Theory with Applications," Cambridge Books, Cambridge University Press, number 9780521576475, December.
    5. Fershtman, Chaim, 1990. "The importance of the agenda in bargaining," Games and Economic Behavior, Elsevier, vol. 2(3), pages 224-238, September.
    6. Perry Motty & Reny Philip J., 1993. "A Non-cooperative Bargaining Model with Strategically Timed Offers," Journal of Economic Theory, Elsevier, vol. 59(1), pages 50-77, February.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Firm's dominance; dominant position; measure of dominance;

    JEL classification:

    • L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
    • L4 - Industrial Organization - - Antitrust Issues and Policies

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