The Lerner index, formalized in 1934 by British economist of Russian origin Abba Lerner, is a measure of a firm's market power. The Lerner index is defined...
11 KB (1,498 words) - 16:46, 4 February 2024
Market power (section Lerner index)
techniques such as concentration ratios, the Herfindahl-Hirschman index and the Lerner index, regulators are able to oversee and attempt to restore market...
35 KB (4,523 words) - 08:35, 25 April 2024
people with the name "Lerner Exchange," an illegal maneuver figuring in the conviction of ex-media baron Conrad Black Lerner index, a measure of a firm's...
853 bytes (141 words) - 09:43, 28 April 2024
segmentation index (MSI), which measures the degree of segmentation of the producing country in the two markets. The MSI was extrapolated from the Lerner Index of...
4 KB (529 words) - 19:41, 16 April 2022
Michael Charles Lerner (June 22, 1941 – April 8, 2023) was an American actor. He was nominated for the Academy Award for Best Supporting Actor for his...
21 KB (1,051 words) - 02:32, 26 August 2024
cost of production The Lerner index measures the level of market power and monopoly power that a firm owned.The higher Lerner index indicated the more monopoly...
19 KB (2,453 words) - 10:31, 17 August 2024
Abraham "Abba" Ptachya Lerner (also Abba Psachia Lerner; 28 October 1903 – 27 October 1982) was a Russian-born American-British economist. Born in Novoselytsia...
13 KB (1,128 words) - 08:17, 13 September 2024
equilibrium. (P − MC)/ P = −1/e is called the Lerner index after economist Abba Lerner. The Lerner index is a measure of market power — the ability of...
21 KB (2,858 words) - 06:00, 4 June 2024
a company has monopoly power in competition law, such as use of the Lerner index test. The Unit Contribution Margin (C) is Unit Revenue (Price, P) minus...
13 KB (1,426 words) - 10:18, 30 December 2023
higher price in a less elastic market. Market power can be estimated with Lerner index. High profit margins might not correspond to a high rate of return or...
95 KB (12,803 words) - 11:28, 9 September 2024