'Lerner index' presentation slideshows

Why did British electricity prices fall after 1998?

Why did British electricity prices fall after 1998?. Joanne Evans & Richard Green University of Hull. A truth universally acknowledged. An electricity market with high prices is in want of a remedy - More competitive structure (no of companies) - More generating capacity

469 views • 33 slides

Advertising Basics

Advertising Basics. Provided by someone with a definite agenda, but not necessarily the producer of the product. Provided free -- you do not pay directly for the advertising. Not free to the firms, so there must be some benefit to them -- increased profit.

988 views • 32 slides

Oligopolistic Conduct and Welfare

Oligopolistic Conduct and Welfare. by Kevin Hinde. Welfare and (Tight) Oligopoly. To understand the welfare implications of oligopoly we need to examine interdependence between firms in the market. Welfare depends upon the number of firms in the industry and the conduct they adopt.

520 views • 30 slides

Chapter 10 Monopoly

Chapter 10 Monopoly. Monopoly = market with just one seller but many buyers ? market power ? when choosing ?-max level of output, faces market demand curve (which slopes downward), rather than facing perfectly elastic horizontal demand curve. Implies that q* decision affects P.

448 views • 14 slides

Lerner Index

443 views • 5 slides