A Decision Tree as a Quick Scan for Effective Market Functioning
Cherry Cheung (),
Kristien Coucke () and
Daniel Neicu ()
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Cherry Cheung: Hogeschool-Universiteit Brussel (HUB), Belgium
Kristien Coucke: Hogeschool-Universiteit Brussel (HUB), Belgium
Daniel Neicu: Hogeschool-Universiteit Brussel (HUB), Belgium
No 2011/06, Working Papers from Hogeschool-Universiteit Brussel, Faculteit Economie en Management
Abstract:
The paper presents a logical decision tree structure to screen industries for possible malfunctioning using a strategic set of indicators reflecting potential, international and internal competition. Based on this conditional combination of a limited set of important indicators associated with limited competition and market malfunctioning in industries, we classify industries into different groups with a low or high probability that market malfunctioning is present.
Pages: 28 page
Date: 2011-06
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