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Economics EE: Determining Market Structure

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Hey I'm still working on my EE in Economics.

What I'm doing is that I want to analyse a market structure using surveys, but I have some problems coming up with things to consider when doing so..

So far I thought of including:

- Brand awareness

- Determinants of demand

- Demand groups

- Elasticities

- Price discrimination

- Kinked demand.

Does anyone know something else I can include because those wont fill the 4000 words..

Thanks a lot in advance!

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What is your research question? Right now it looks like you're already spreading yourself too thin. You really want to concentrate on one or two things to ensure a good grade.

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What is your research question? Right now it looks like you're already spreading yourself too thin. You really want to concentrate on one or two things to ensure a good grade.

It's:

Under which market structure is the clothing shop in my town operating?

It would be really great if you could help me out!

Thanks!

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Sure, but it means that you will have to ask me questions. Unfortunately I don't have time to write a general introduction to your topic, but if there's anything specific, I'd be happy to help.

What I notice in your RQ is that it implies that it is a single shop that is the market for clothes in your town, in which case it would obviously be a monopoly (although not necessarily a profitable one). You would be better of looking at the market structure of all clothing shops in your town/area (or going even more specific if you live in a big town) through analyzing data that you receive from this particular clothing shop. Also, I would perhaps rephrase it to "To what extent is the market for clothing in town X oligopolistic / monopolistic comp. / ...?"

Kinked demand isn't considered to be a very good theory, so if you are looking into whether the market is oligopolistic (this would very likely be a small town), you might want to look into game theory.

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