{"product_id":"market-power-economic-efficiency-and-rolf-fare-9789811285929","title":"Market Power, Economic Efficiency and the Lerner Index","description":"The book uses distance functions, a generalization of the more familiar production function, as the theoretical and empirical tools to construct Lerner indexes of market power in both the input and output markets. The use of distance functions enables us to explicitly account for the effects of firm inefficiency and price markups in the evaluation of market power. The book focusses on the theory and provides a menu of applications to construct measures of firm efficiency and market power in the financial and public sectors.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Rolf Fare\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 9811285926\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9789811285929\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e World Scientific Publishing Company\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 04\/09\/2024\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 148\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 0.82lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.00h x 6.00w x 0.38d","brand":"Rolf Fare","offers":[{"title":"Hardcover","offer_id":44616312357119,"sku":"9789811285929","price":78.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_b0b25578-4b54-43c0-8216-ca265c829681.jpg?v=1703019650","url":"https:\/\/www.whiterainbookhouse.com\/products\/market-power-economic-efficiency-and-rolf-fare-9789811285929","provider":"WR Book House","version":"1.0","type":"link"}