Beta distributed market shares in a spatial model with an application to the market for audit services
UNSPECIFIED (1995) Beta distributed market shares in a spatial model with an application to the market for audit services. REVIEW OF INDUSTRIAL ORGANIZATION, 10 (6). pp. 737-747. ISSN 0889-938XFull text not available from this repository.
We show that if firms locate on a circle according to a uniform distribution, their market shares will be beta distributed. The result implies that concentration ratios will be skewed. We apply the result to the market for auditing services in the US and show the beta distribution outperforms other relevant distributions.
|Item Type:||Journal Article|
|Subjects:||H Social Sciences > HC Economic History and Conditions
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
|Journal or Publication Title:||REVIEW OF INDUSTRIAL ORGANIZATION|
|Publisher:||KLUWER ACADEMIC PUBL|
|Number of Pages:||11|
|Page Range:||pp. 737-747|
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