Improving the Мethodology of Мarket Structures Analysis with Innovative Concepts for "Phase-Structure States" and "Set Concentration Index"
Author: Iliyan Petrov
Abstract
The article focuses on the methodological aspects of a recent comprehensive economic study in the area of market structures and competition in the global energy sector. It was developed as a doctoral dissertation in the Russian State University for Oil and Gas (the Gubkin University) in Moscow. An exhaustive overview of existing competition theories provides the solid grounds for the application of a target-oriented approach based on innovative notions, indictors and models for "structural information" and "system hierarchy" in the most difficult areas – the assessment of individual players and leaders, synergy effects, classification of market structures and competition interactions. Simple and logical mathematical instruments support theoretical system thinking and applied
research modeling.