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Contestable Markets and the Theory of Industry Structure

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ISBN-10:

015513910X

ISBN-13:

9780155139107

Author(s): William J. Baumol; John C. Panzar
Released: Jan 01, 1982
Publisher: Harcourt College Pub.
Format: Hardcover, 510 pages
Related ISBN: 9780155139114
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Description:

This classic text presents an integrative theory of what determines prices and industrial structure in contestable markets. The exposition extends theory and technique and suggests some unique perspectives from which to view regulatory and deregulatory policy. All analysis is done both graphically and mathematically, and in certain chapters the authors provide nontechnical insights and views about the implications of theory for public policy.

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