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Browsing The New Zealand Institute for the Study of Competition and Regulation · ISCR by Subject "rates of return"

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Can Ex Post Rates of Return Detect Monopoly Profits?

Boyle, Glenn; Guthrie, Graeme (2002)

We review the ability of the ex post internal rate of return (IRR) to detect monopoly profits. When market values are used as entry and exit values the ex post IRR simply reveals whether the firm did better or worse than ...