This video goes through the intuition behind the Lerner Index as a measure of Monopoly Power. Created by Justin S. Eloriaga. ... <看更多>

The Lerner index measures the price-cost margin - it is measured by the difference between the output price of a firm and the marginal cost divided by the ... ... <看更多>

his profit, he sets the price such as the demand is elastic and the lerner index is between (0,1). BUT that if elasticity increases, then the ... ... <看更多>

Market Power in Dynamic Models of Natural Resource Markets: Theory, Empirics, and the Lerner Index. Yujing Song, Rachael Goodhue, Leo Simon, Luca Colombo. ... <看更多>