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Beta distributed market shares in a spatial model with an application to the market for audit services

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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 0889-938X

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Abstract

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
ISSN: 0889-938X
Date: December 1995
Volume: 10
Number: 6
Number of Pages: 11
Page Range: pp. 737-747
Publication Status: Published
URI: http://wrap.warwick.ac.uk/id/eprint/19166

Data sourced from Thomson Reuters' Web of Knowledge

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