Determining market power exertion between buyers and sellers: are nonparametrics a viable alternative?

C-Tier
Journal: Applied Economics
Year: 2004
Volume: 36
Issue: 20
Pages: 2265-2274

Authors (2)

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

A review of recent literature reveals the development of several deterministic non-parametric (DNP) tests of market power. The performance of selected DNP market power tests is ascertained to determine their usefulness as an alternative to data-hungry parametric market power tests. This assessment is carried out through implementation of Monte Carlo experiments using data sets from ten known market structures. Only two of the six DNP tests appear able to satisfactorily identify market power.

Technical Details

RePEc Handle
repec:taf:applec:v:36:y:2004:i:20:p:2265-2274
Journal Field
General
Author Count
2
Added to Database
2026-01-29