Sunk Costs and Market Structure

Sunk Costs and Market Structure
Author: John Sutton
Publisher: MIT Press
Total Pages: 600
Release: 1991
Genre: Business & Economics
ISBN: 9780262193054

Sunk Costs and Market Structure bridges the gap between the new generation of game theoretic models that has dominated the industrial organization literature over the past ten years and the traditional empirical agenda of the subject as embodied in the structure-conduct-performance paradigm developed by Joe S. Bain and his successors.

Payout Policy

Payout Policy
Author:
Publisher:
Total Pages: 83
Release: 2007
Genre: Corporations
ISBN: 9781846632563

Dividend policy continues to be among the premier unsolved puzzles in finance. A number of theories have been advanced to explain dividend policy. This e-book briefly reviews the principal theories of payout policy and dividend policy and summarizes the empirical evidence on these theories. Empirical evidence is equivocal and the search for new explanation for dividends continues.

Principles of Macroeconomics for AP® Courses 2e

Principles of Macroeconomics for AP® Courses 2e
Author: Steven A. Greenlaw
Publisher:
Total Pages: 0
Release: 2017
Genre: Business & Economics
ISBN: 9781947172432

Principles of Macroeconomics for AP® Courses 2e covers the scope and sequence requirements for an Advanced Placement® macroeconomics course and is listed on the College Board's AP® example textbook list. The second edition includes many current examples and recent data from FRED (Federal Reserve Economic Data), which are presented in a politically equitable way. The outcome is a balanced approach to the theory and application of economics concepts. The second edition was developed with significant feedback from current users. In nearly all chapters, it follows the same basic structure of the first edition. General descriptions of the edits are provided in the preface, and a chapter-by-chapter transition guide is available for instructors.

Market Structure and Equilibrium

Market Structure and Equilibrium
Author: Heinrich von Stackelberg
Publisher: Springer Science & Business Media
Total Pages: 147
Release: 2010-11-10
Genre: Business & Economics
ISBN: 3642125867

In his book „Marktform und Gleichgewicht“, published initially in 1934, Heinrich von Stackelberg presented his groundbreaking leadership model of firm competition. In a work of great originality and richness, he described and analyzed a market situation in which the leader firm moves first and the follower firms then move sequentially. This game-theoretic model, now widely known as Stackelberg competition, has had tremendous impact on the theory of the firm and economic analysis in general, and has been applied to study decision-making in various fields of business. As the first translation of von Stackelberg’s book into English, this volume makes his classic work available in its original form to an English-speaking audience for the very first time.

The Economics of Multi-plant Operation

The Economics of Multi-plant Operation
Author: Frederic M. Scherer
Publisher: Harvard University Press
Total Pages: 476
Release: 1975
Genre: Business & Economics
ISBN: 9780674233409

This book examines the economics of multi-plant operation of manufacturing firms in national industries, analyzing the experience of twelve industries in West Germany, France, the United Kingdom, Sweden, Canada, and the United States.

Market Structure and Competition Policy

Market Structure and Competition Policy
Author: George Norman
Publisher: Cambridge University Press
Total Pages: 309
Release: 2000-11-30
Genre: Business & Economics
ISBN: 1139428586

This 2000 text applies modern advances in game theory to the analysis of competition policy and develops some of the theoretical and policy concerns associated with the pioneering work of Louis Phlips. Containing contributions by leading scholars from Europe and North America, this book observes a common theme in the relationship between the regulatory regime and market structure. Since the inception of the new industrial organization, economists have developed a better understanding of how real-world markets operate. These results have particular relevance to the design and application of anti-trust policy. Analyses indicate that picking the most competitive framework in the short run may be detrimental to competition and welfare in the long run, concentrating the attention of policy makers on the impact on the long-run market structure. This book provides essential reading for graduate students of industrial and managerial economics as well as researchers and policy makers.

New Developments in the Analysis of Market Structure

New Developments in the Analysis of Market Structure
Author: International Economic Association
Publisher: MIT Press
Total Pages: 588
Release: 1986
Genre: Business & Economics
ISBN: 9780262690935

These contributions discuss a number of important developments over the past decade in a newly established and important field of economics that have led to notable changes in views on governmental competition policies. They focus on the nature and role of competition and other determinants of market structures, such as numbers of firms and barriers to entry; other factors which determine the effective degree of competition in the market; the influence of major firms (especially when these pursue objectives other than profit maximization); and decentralization and coordination under control relationships other than markets and hierarchies.ContributorsJoseph E. Stiglitz, G. C. Archibald, B. C. Eaton, R. G. Lipsey, David Enaoua, Paul Geroski, Alexis Jacquemin, Richard J. Gilbert, Reinhard Selten, Oliver E. Williamson, Jerry R. Green, G. Frank Mathewson, R. A. Winter, C. d'Aspremont, J. Jaskold Gabszewicz, Steven Salop, Branko Horvat, Z. Roman, W. J. Baumol, J. C. Panzar, R. D. Willig, Richard Schmalensee, Richard Nelson, Michael Scence, and Partha Dasgupta