How Market Power Changes in Monopoly: Using Lau’s Hessian Identities

This research examines market power using Lau’s Hessian Identity relationships based on the empirical properties of duality theory. We compare the performance of the proposed dual approach using Lau’s Hessian Identity relationships with the simple traditional dual approach.

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Year of publication:	2011
Authors:	Yamaura, Koichi ; Featherstone, Allen M.
Institutions:	Agricultural and Applied Economics Association - AAEA
Subject:	Lau’s Hessian Identity \| Monte Carlo simulation \| Market Power \| Monopoly \| Marketing

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Extent:	application/pdf
Series:	2011 Annual Meeting, July 24-26, 2011, Pittsburgh, Pennsylvania.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series 2011 Annual Meeting, July 24-26, 2011, Pittsburgh, Pennsylvania Number 103932
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009021001