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Industry Structure and Pricing: The New Rivalry in Infrastructure (Studies in Industrial Organization, 22, Band 22) - Hardcover

Jamison, Mark A.

 
9780792377085: Industry Structure and Pricing: The New Rivalry in Infrastructure (Studies in Industrial Organization, 22, Band 22)
Hardcover
ISBN 10: 0792377087 ISBN 13: 9780792377085
Verlag: Springer, 1999

Inhaltsangabe

Industry Structure and Pricing: The New Rivalry in Infrastructure extends current economic models by incorporating effects of actual and potential rivalry in markets outside the markets of immediate interest. Focusing on the contestable model, the author shows how diverse patterns of actual and potential rivalry, called multilateral rivalry or MLR, affect the appropriateness of many regulatory policies. It is specifically shown that many conclusions of the contestability literature are overly generous to firms that might want to protect or extend their monopoly positions. While this book's refinement to existing economic theory gives strong results, it is still based on static production functions and demands - integrated to provide a dynamic view of multilateral rivalry.

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Industry Structure and Pricing: The New Rivalry in Infrastructure extends current economic models by incorporating effects of actual and potential rivalry in markets outside the markets of immediate interest. Focusing on the contestable model, the author shows how diverse patterns of actual and potential rivalry, called multilateral rivalry or MLR, affect the appropriateness of many regulatory policies. It is specifically shown that many conclusions of the contestability literature are overly generous to firms that might want to protect or extend their monopoly positions. While this book's refinement to existing economic theory gives strong results, it is still based on static production functions and demands - integrated to provide a dynamic view of multilateral rivalry.

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Verlag
Springer
Erscheinungsdatum
1999
Sprache
Englisch
ISBN 10 
0792377087
ISBN 13 
9780792377085
Einband
Gebundene Ausgabe
Anzahl der Seiten
218
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