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A measure of market imperfection by frontier analysis

Author

Listed:
  • 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 field of freight transport illustrates the proposed method.

Suggested Citation

  • MOUCHART, Michel & VANDRESSE, Marie, 2003. "A measure of market imperfection by frontier analysis," LIDAM Discussion Papers CORE 2003092, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    • Handle: RePEc:cor:louvco:2003092
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    File URL: https://sites.uclouvain.be/core/publications/coredp/coredp2003.html
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    Citations

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    Cited by:

    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.

    More about this item

    Keywords

    frontier analysis; supply and demand bid functions; imperfect competition; bargaining power;
    All these keywords.

    JEL classification:

    • D49 - Microeconomics - - Market Structure, Pricing, and Design - - - Other
    • C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation

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