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  • Monopoly power  (1)
  • asymmetric information  (1)
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  • 1
    Electronic Resource
    Electronic Resource
    Asymmetry of information and contestability theory (1994)
    Springer
    Review of industrial organization 9 (1994), S. 99-107 
    Details
    ISSN: 1573-7160
    Keywords: Contestability ; asymmetric information ; disequilibrium
    Source: Springer Online Journal Archives 1860-2000
    Topics: Economics
    Notes: Abstract In this paper, contestability theory is examined under conditions of asymmetric information. Signals of economic profitability to potential entrants are the incumbent's list price and accounting rate of return. A disequilibrium analysis indicates that, while potential entry imposes a price discipline, incumbents can earn profits, although not indefinitely under stable conditions. Also, there may be wasteful entry even into industries where prices approximate the optimum.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1007/BF01024222
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    Paper (German National Licenses)
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  • 2
    Electronic Resource
    Electronic Resource
    Toward measuring monopoly power (1996)
    Springer
    Review of industrial organization 11 (1996), S. 125-133 
    Details
    ISSN: 1573-7160
    Keywords: Monopoly power ; competition ; market structure ; econometrics
    Source: Springer Online Journal Archives 1860-2000
    Topics: Economics
    Notes: Abstract Some implications of Hyde and Perloff's paper on whether monopoly power can be measured are considered. It is concluded that measuring monopoly power requires a long-run view, with a focus on the implications of product differentiation, and a reliance on accounting data.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1007/BF00163603
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    Paper (German National Licenses)
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