Methodologies to measure competition
(2021) NEKH02 20211Department of Economics
- Abstract
- This thesis investigates some of the most common measurements of competition and considers their theoretical robustness as well as empirical applicability. Competition authorities frequently use different competition measures to detect problems in certain industries and to monitor trends in the level of competition, as well in antitrust cases such as mergers and in general to investigate potential abuses of dominant market positions. As competition is a complex process no universal measurement exist, and several different metrics have been developed. The primary conclusion is that to a large extent all measurements struggle with the correct definition of the market. However, some are more theoretical robust than others. Preferably multiple... (More)
- This thesis investigates some of the most common measurements of competition and considers their theoretical robustness as well as empirical applicability. Competition authorities frequently use different competition measures to detect problems in certain industries and to monitor trends in the level of competition, as well in antitrust cases such as mergers and in general to investigate potential abuses of dominant market positions. As competition is a complex process no universal measurement exist, and several different metrics have been developed. The primary conclusion is that to a large extent all measurements struggle with the correct definition of the market. However, some are more theoretical robust than others. Preferably multiple measurements, that complement each other well and do not share the same theoretical shortcomings, should be used. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/9065841
- author
- Olausson, Jakob LU
- supervisor
-
- Jerker Holm LU
- organization
- course
- NEKH02 20211
- year
- 2021
- type
- M2 - Bachelor Degree
- subject
- keywords
- Industrial organization, Competition, Boone factor
- language
- English
- id
- 9065841
- date added to LUP
- 2021-10-14 10:17:25
- date last changed
- 2021-10-14 10:17:25
@misc{9065841,
abstract = {{This thesis investigates some of the most common measurements of competition and considers their theoretical robustness as well as empirical applicability. Competition authorities frequently use different competition measures to detect problems in certain industries and to monitor trends in the level of competition, as well in antitrust cases such as mergers and in general to investigate potential abuses of dominant market positions. As competition is a complex process no universal measurement exist, and several different metrics have been developed. The primary conclusion is that to a large extent all measurements struggle with the correct definition of the market. However, some are more theoretical robust than others. Preferably multiple measurements, that complement each other well and do not share the same theoretical shortcomings, should be used.}},
author = {{Olausson, Jakob}},
language = {{eng}},
note = {{Student Paper}},
title = {{Methodologies to measure competition}},
year = {{2021}},
}