Contestability vs. competition

1984-01-01articleAmerican Economic Review203 citationsclosed

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Merger and Competition Analysis Economic Theory and Institutions Firm Innovation and Growth

Abstract

Analyzes the ultra-free entry as normative contribution to industrial organization. Ultra-free entry in context of the evolving field of industrial organization; Assessment of the conceptual validity of William Baumol, Elizabeth Bailey John Panzar and Robert Willig's analysis in representing the nature of competition; Empirical issues in measuring and testing ultra-free entry. (Из Ebsco)

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References

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1982Contestable Markets and the Theory of Industry Structure

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1977Entry, Capacity, Investment and Oligopolistic Pricing

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2004William J. Baumol: An Entrepreneurial Economist on the Economics of Entrepreneurship