Böhme, Enrico; Müller, Christopher - In: Journal of Economics and Statistics (Jahrbuecher fuer … 231 (2011) 4, pp. 479-493
The empirical relationship between market concentration and prices has been well established for a long time and for …. Then we apply the estimated model to simulate monopoly prices on local markets with two or more operators and compare them … to the prices actually observed in these markets. We find no significant difference in admission prices, which puts our …