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Title: Technology and Market Structure: Theory and History by John Sutton ISBN: 0-262-69264-3 Publisher: MIT Press Pub. Date: 01 March, 2001 Format: Paperback Volumes: 1 List Price(USD): $45.00 |
Average Customer Rating: 4 (1 review)
Rating: 4
Summary: Endogenous barriers to entry and market structure
Comment: I read this book in my first year of graduate study in Economics in a course on Industrial Organization. I highly recommend this book. It is NOT a text book, it does not go over the state of the art in I.O., it is Sutton's theory about market structure and concentration as shaped by ENDOgenous barriers to entry. This book is completely self contained but it carries over the line of research that Sutton started years ago with Sunk Costs and Market Structure in which he studied the role of Exogenous barriers to entry.
As with his previous book, I like it because it explains market structure using OBSERVABLE variables, because it tests the theory both via case study and via econometric methods and because it is full of innovative ideas. The way in which Sutton tackles the problem of multiplicity of Nash equilibria, what he calls "the bound approach", is still making me think one year later.
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Title: Sunk Costs and Market Structure: Price Competition, Advertising, and the Evolution of Concentration by John Sutton ISBN: 0262193051 Publisher: MIT Press Pub. Date: 25 June, 1991 List Price(USD): $80.00 |
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Title: Marshall's Tendencies: What Can Economists Know? (Gaston Eyskens Lectures) by John Sutton ISBN: 0262692791 Publisher: MIT Press Pub. Date: 07 February, 2002 List Price(USD): $14.95 |
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Title: Oligopoly Pricing: Old Ideas and New Tools by Xavier Vives ISBN: 026272040X Publisher: MIT Press Pub. Date: 01 September, 2001 List Price(USD): $30.00 |
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Title: Strategy and Structure: Chapters in the History of the American Industrial Enterprise by Alfred Dupont Chandler ISBN: 0262530090 Publisher: MIT Press Pub. Date: 15 August, 1969 List Price(USD): $32.00 |
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Title: Information Rules: A Strategic Guide to the Network Economy by Carl Shapiro, Hal R. Varian ISBN: 087584863X Publisher: Harvard Business School Press Pub. Date: 01 November, 1998 List Price(USD): $29.95 |
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