Boone, Jan; van Leuvensteijn, Michiel - C.E.P.R. Discussion Papers - 2010
The Profit Elasticity (PE) is a new competition measure introduced in Boone (2008). So far, there was no direct proof that this measure can identify regimes of competition empirically. This paper focuses on this issue using data of Genesove and Mullin (1998) in which different regimes of...
