A new approach to the assessment of the level of competition

P. Vorobyov () and S. Svetunkov ()

Journal of Modern Competition, 2016, vol. 10, issue 6, 5-19

Abstract: The article is devoted to the presentation of a new approach to assessing the level of competition. It is because of measurement is not subjected to the concentration of market power and the nature of the distribution of market power in the market. At the heart of the new competition, the level meter is cal-mathematical model of Gauss, based on which the normal distribution random magnitude was described in one hundred-mathematical statistics. For practical use of the new approach to assessing the level of competition in the markets of the model generated by two parameters, which make economic sense and practical applicability are discussed in the article.

Keywords: competition; traces of competition; concentration of market power; level of competition; concentration indices; Gaussian model (search for similar items in EconPapers)
Date: 2016
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