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Industry Structure and Pricing

Name: Industry Structure and Pricing
Brand: Springer-Verlag New York Inc.
SKU: 05257155
Price: 65316 HUF
Availability: InStock
Author: Mark A. Jamison
ISBN: 9781441949578

The New Rivalry in Infrastructure

Mark A. Jamison

Language

English

Book Paperback

Libristo code: 05257155

Publishers Springer-Verlag New York Inc., December 2010

Industry Structure and Pricing: The New Rivalry in Infrastructure extends current economic models by... Full description

Libristo code: 05257155

433 b

65 316 Ft

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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.