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Technology and Market Structure

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John Sutton 作者
MIT Press
譯者
2001-4-18 出版日期
692 頁數
GBP 49.95 價格
Paperback
叢書系列
9780262692649 圖書編碼

Technology and Market Structure 在線電子書 圖書標籤: 經濟學  經濟  全球化/Globalization  technology  RL@LSE  LSE   


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發表於2024-11-07

Technology and Market Structure 在線電子書 epub 下載 mobi 下載 pdf 下載 txt 下載 2024

Technology and Market Structure 在線電子書 epub 下載 pdf 下載 mobi 下載 txt 下載 2024

Technology and Market Structure 在線電子書 pdf 下載 txt下載 epub 下載 mobi 下載 2024



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Technology and Market Structure 在線電子書 pdf 下載 txt下載 epub 下載 mobi 在線電子書下載

Technology and Market Structure 在線電子書 圖書描述

Traditionally, the field of industrial organization has relied on two unrelated theories--the cross-section theory and the growth-of-firms theory--to explain cross-industry differences in concentration and within-industry skewness. The two approaches are based on very different mathematical structures and few researchers have attempted to relate them to each other.In this book, John Sutton unifies the two approaches through a theory that rests on three simple principles. The first two, a "survivor principle" that says that firms will not pursue loss-making strategies, and an "arbitrage principle" that says that if a profitable opportunity is available, some firm will take it, suffice to define a set of possible outcomes. The third, the "symmetry principle," says that the strategy used by a new entrant into any submarket depends neither on the entrants identity nor on its history in other submarkets. This allows researchers to bring together the roles of strategic interactions and of independence effects. The result is that the considerations motivating the cross-section tradition and those motivating the growth-of-firms tradition both drop out within a single game-theoretic model.This book follows Sutton's Sunk Costs and Market Structure, published by MIT Press in 1991.

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