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“ASSESSING MARKET DOMINANCE”: A COMMENT AND AN EXTENSION

 

 

 

 

 

Vassilis Droucopoulos

Department of Economics, University of Athens

Panagiotis Chronis

Bank of Greece, Economic Research Department

 

 

 

 

 

 

ABSTRACT

Melnik et al. [Melnik, A., Shy, Oz, Stenbacka, R., 2008. Assessing market dominance. Journal of Economic Behavior and Organization 68, 63-72] have proposed a new statistic to assess market dominance. In this comment we expand their discussion of certain mathematical properties in their analysis and link their methodology to some previous approaches.

 

Keywords: Firm’s dominance; Dominant position; Measure of dominance

 

JEL classification: K21; L11; L41

 

 

 

Acknowledgements: The authors thank Professor (Emeritus) George Krimpas and Heather Gibson for valuable comments. All remaining errors are solely our responsibility. The views expressed in this paper are those of the authors and do not necessarily reflect the views of the Bank of Greece.

 

 

 

 

Correspondence:

Vassilis Droucopoulos

Department of Economics

University of Athens,

8 Pesmazoglou str.

Athens 10559, Greece

Tel.: +30- 210-3223148

e-mail: vdroucop@econ.uoa.gr


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