Non-Competitive Rents in Dutch Manufacturing: Conduct and Performance in the New Empirical Industrial Organization

F.A. Hindriks

Working Papers from NEUHUYS - RESEARCH INSTITUTE FOR SMALL AND MEDIUM

Abstract: This report discusses allocative efficiency and focuses on pricing and quantity-setting policies. These can be considered to be the most fundamental aspects of market power. Perfect competition is commonly advocated as optimal. If the price in a certain industry diverges from marginal cost, this ideal has not been met. The quantity supplied is sub-optimal in a situation of imperfect competition.

Keywords: MARKET STRUCTURE; COMPETITION; NETHERLANDS; ECONOMIC MODELS (search for similar items in EconPapers)
JEL-codes: C50 D40 L11 L40 (search for similar items in EconPapers)
Pages: 68 pages
Date: 1999
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Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:fth:miklrr:9905/e

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