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

Koichi Yamaura and Allen Featherstone

No 103932, 2011 Annual Meeting, July 24-26, 2011, Pittsburgh, Pennsylvania from Agricultural and Applied Economics Association

Abstract: 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.

Keywords: Marketing (search for similar items in EconPapers)
Pages: 11
Date: 2011
New Economics Papers: this item is included in nep-cmp
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea11:103932

DOI: 10.22004/ag.econ.103932

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