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Industrial Organization Selected Online Notes

Industrial Organization Selected Online Notes. Friday, September 01, 2006. The degree of scope economies for the n-products case is given by the ratio below:. SC = [ C(Q1,0,0, 0) C(0,Q2,0, 0) C(0,0,0,Qn) C(Q1,Q2,Q3, Qn) ] /. C(Q1,Q2,Q3, Qn). Whenever SC exceeds zero, scope economies are present, which tell us that it is cheaper for one firm to produce both goods jointly. Posted by Adamos Adamou at Friday, September 01, 2006. Tuesday, June 20, 2006. We know that RAC(q) falls iff dRAC(q)/dq. Suppose that i...

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Industrial Organization Selected Online Notes | industrialorganization.blogspot.com Reviews
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Industrial Organization Selected Online Notes. Friday, September 01, 2006. The degree of scope economies for the n-products case is given by the ratio below:. SC = [ C(Q1,0,0, 0) C(0,Q2,0, 0) C(0,0,0,Qn) C(Q1,Q2,Q3, Qn) ] /. C(Q1,Q2,Q3, Qn). Whenever SC exceeds zero, scope economies are present, which tell us that it is cheaper for one firm to produce both goods jointly. Posted by Adamos Adamou at Friday, September 01, 2006. Tuesday, June 20, 2006. We know that RAC(q) falls iff dRAC(q)/dq. Suppose that i...
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1 economies of scope
2 46 comments
3 1/q 1/q rq dc/dq1 1 r q dc/dq2 c q
4 1/q 1/q q1 dc/dq1 q2 dc/dq2 c q
5 so we
6 1 comments
7 0 comments
8 hhi =
9 by equation 1
10 or s1/
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Industrial Organization Selected Online Notes | industrialorganization.blogspot.com Reviews

https://industrialorganization.blogspot.com

Industrial Organization Selected Online Notes. Friday, September 01, 2006. The degree of scope economies for the n-products case is given by the ratio below:. SC = [ C(Q1,0,0, 0) C(0,Q2,0, 0) C(0,0,0,Qn) C(Q1,Q2,Q3, Qn) ] /. C(Q1,Q2,Q3, Qn). Whenever SC exceeds zero, scope economies are present, which tell us that it is cheaper for one firm to produce both goods jointly. Posted by Adamos Adamou at Friday, September 01, 2006. Tuesday, June 20, 2006. We know that RAC(q) falls iff dRAC(q)/dq. Suppose that i...

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Industrial Organization Selected Online Notes: March 2006

http://industrialorganization.blogspot.com/2006_03_01_archive.html

Industrial Organization Selected Online Notes. Friday, March 24, 2006. The HHI as a function of the weighted average of the firms’ price-cost margins and the market demand elasticity. Si Si as it equals the sum of the squared market shares of each firm in the industry. (See Friday, March 10, 2006) = -ε. ( Si. Si )/(-ε) (multiply and divide with -ε) = -ε. Si.L, where L is the Lerner Index of market power in an oligopoly environment. See Friday, March 10, 2006. Friday, March 17, 2006. Equals Q .p/Q whe...

2

Industrial Organization Selected Online Notes: U.S. Horizontal Merger Guidelines

http://industrialorganization.blogspot.com/2006/04/us-horizontal-merger-guidelines.html

Industrial Organization Selected Online Notes. Friday, April 07, 2006. US Horizontal Merger Guidelines. According to the Horizontal Merger Guidelines that the U.S. Department of Justice and the Federal Trade Commission issued in 1992 (. Concentration is measured using the HHI, as follows:. A) Post-Merger HHI Below 1000. B) Post-Merger HHI Between 1000 and 1800. C) Post-Merger HHI Above 1800. The Agency regards markets in this region to be highly concentrated. Mergers producing an increase in the HHI ...

3

Industrial Organization Selected Online Notes: Single-Product Economies of Scale

http://industrialorganization.blogspot.com/2006/05/single-product-economies-of-scale.html

Industrial Organization Selected Online Notes. Tuesday, May 02, 2006. Single-Product Economies of Scale. The firm is said to have economies of scale if its average cost falls as output increases. But if average cost rises with output, the firm is said to have diseconomies of scale. Finally, if average cost does not vary with output, the firm has constant returns to scale. And constant returns to scale exist if S=1. Posted by Adamos Adamou at Tuesday, May 02, 2006. View my complete profile.

4

Industrial Organization Selected Online Notes: RAC and a measure of scale economy based on a multiproduct environment

http://industrialorganization.blogspot.com/2006/06/rac-and-measure-of-scale-economy-based.html

Industrial Organization Selected Online Notes. Tuesday, June 20, 2006. RAC and a measure of scale economy based on a multiproduct environment. The Ray Average Costs (RAC) are defined as total costs divided by q. That is, RAC(q) = C(rq,(1-r)q)/q where q1=rq, q2=(1-r)q and r is the proportion in which product 1 is produced. We know that RAC(q) falls iff dRAC(q)/dq. But dRAC(q)/dq = (1/q)[r(dC/dq1) (1-r)(dC/dq2)]-(1/q)(1/q)C(q). The measure of scale economy is the following: S= C(q)/ [q1(dC/dq1) q2(dC/dq2)].

5

Industrial Organization Selected Online Notes: May 2006

http://industrialorganization.blogspot.com/2006_05_01_archive.html

Industrial Organization Selected Online Notes. Tuesday, May 23, 2006. Product-Specific Economies of Scale based on a multiproduct environment. Suppose that instead of a C(q) cost function, we have a C(q1,q2) cost function. This new function represents the cost of a firm that produces q1 units of product 1 and q2 units of product 2. The incremental costs of increasing product 2 from 0 to q2 holding product 1 constant is IC2 = C(q1,q2) C(q1,0). Posted by Adamos Adamou at Tuesday, May 23, 2006. There are a ...

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Industrial Organization Selected Online Notes

Industrial Organization Selected Online Notes. Friday, September 01, 2006. The degree of scope economies for the n-products case is given by the ratio below:. SC = [ C(Q1,0,0, 0) C(0,Q2,0, 0) C(0,0,0,Qn) C(Q1,Q2,Q3, Qn) ] /. C(Q1,Q2,Q3, Qn). Whenever SC exceeds zero, scope economies are present, which tell us that it is cheaper for one firm to produce both goods jointly. Posted by Adamos Adamou at Friday, September 01, 2006. Tuesday, June 20, 2006. We know that RAC(q) falls iff dRAC(q)/dq. Suppose that i...

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