Showing 1 - 2 of 2
We consider an observer who makes a finite number of observations of an industry producing a homogeneous good, where each observation consists of the market price and firm specific production quantities.  We develop a revealed preference test (in the form of a linear program) for the hypothesis...
Persistent link: https://www.econbiz.de/10008677354
An observer makes a number of observations of an industry producing a homogeneous good.  Each observation consists of the market price, the output of individual firms and perhaps information on each firm's production cost.  We provide various tests (typically, linear programs) with which the...
Persistent link: https://www.econbiz.de/10008509232