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, 2017
The rise of the platform economy has been the subject of celebration and critique. Platform companies like Uber, Airbnb, and Postmates have been rightfully celebrated as positively disruptive, introducing much–needed competition in industries that have ...
K. Bamberger, Orly Lobel
semanticscholar +1 more source
The rise of the platform economy has been the subject of celebration and critique. Platform companies like Uber, Airbnb, and Postmates have been rightfully celebrated as positively disruptive, introducing much–needed competition in industries that have ...
K. Bamberger, Orly Lobel
semanticscholar +1 more source
Finding Market Power in Electric Power Markets
International Journal of the Economics of Business, 2000As part of the regulatory review of electric utility mergers in the United States, the Federal Energy Regulatory Commission requires utilities to submit market power studies. The Commission has specified a detailed method for calculating market concentration in these studies.This paper shows that one can simulate the actual price effects from the ...
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Product Market Power and Tax Avoidance: Market Leaders, Mimicking Strategies, and Stock Returns
, 2015: Product market power provides firms with comparative advantages through more persistent profitability and insulation from competitive threats. These advantages likely provide firms with the ability to engage in greater tax avoidance.
Thomas R. Kubick +3 more
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Market power in the Philippine power market
2009The Philippine electricity market is in a period of transition as the restructuring provisions of the Electric Power Industry Reform Act (EPIRA) of 2001 are being implemented. Under current structure, the market is highly concentrated, indicating the existence of market power.
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Economica, 1978
I would like to present to you an explanation of inflation in terms of the market power of the buyers and sellers whose behaviour determines prices and wages. That has been done before, of course. A good example is that most simpleminded explanation of all, which blames inflation on the overweening power of labour in the labour market.
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I would like to present to you an explanation of inflation in terms of the market power of the buyers and sellers whose behaviour determines prices and wages. That has been done before, of course. A good example is that most simpleminded explanation of all, which blames inflation on the overweening power of labour in the labour market.
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Market Dominance and Market Power
SSRN Electronic Journal, 2020Consider a market where firms sell differentiated but substitutable products. Each firm has some uniqueness for its products but also has non-cooperative rivals. The market power of a firm is determined by the inelasticity of demand for its products as well as it market share. First, an index incorporating both these effects has been proposed.
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2016
Static market power refers to the ability of economic agents profitably to move prices away from competitive levels during one time period. Market power, a form of market failure, prevents the achievement of an efficient allocation of resources. The simplest example of market power is monopoly, a market in which there is only one firm.
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Static market power refers to the ability of economic agents profitably to move prices away from competitive levels during one time period. Market power, a form of market failure, prevents the achievement of an efficient allocation of resources. The simplest example of market power is monopoly, a market in which there is only one firm.
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The Palgrave Handbook of Contemporary International Political Economy, 2018
Helge b. Hveem
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Helge b. Hveem
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MARKET POWER IN COMPETITION FOR THE MARKET
Journal of Competition Law and Economics, 2009In the evaluation of abuse of dominance (or Section 2 cases in the United States), the standard method of proving monopoly power is typically faced with difficulties in measuring the competitive price level and the substantiality of market power. These difficulties are more obvious in industries characterized by R&D competition for the market, where ...
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