Publication

2002-02-01 - The MIT Press

Language

English

Word Count

138,000 words, Guess

Page Count

552 pages

Physical Format

Hardcover

Identifiers

and 1 more

Classifications

  • LCCHD2845.S95 2002

Description

"Using data from before and after the 1956 Act, this book compares the two groups of industries to determine the effect of price competition on concentration, firm and plant numbers, profitability, advertising intensity, and innovation. The book avoids two problems common to empirical studies of competition: how to measure the intensity of competition and how to unravel the links between competition and other variables. Because the change in the intensity of competition had an external cause, there is no need to measure the intensity of competition directly, and it is possible to identify one-way causal effects when estimating the impact of competition.". "The book also examines issues such as which industries collusion is more likely to occur in: the effects of cartels and cartel laws on market structure and profitability: the links between competition, advertising, and innovation: and the constraints on the exercise of merger and antitrust policies."--BOOK JACKET.

First Sentence

This book is a study of the effects of competition on firm strategy, market structure, and industry performance.

Subjects

Other Editions

  • The Effects of Competition: Cartel Policy and the Evolution of Strategy and Structure in British IndustryHardcoverThe MIT Press2002-02-01

Reader Reviews

No reviews yet for this book.

Be the first to share your thoughts!