Technology and Market Structure pdf epub mobi txt 电子书 下载 2025
- 经济学
- 经济
- 全球化/Globalization
- technology
- RL@LSE
- LSE
- 技术创新
- 市场结构
- 产业经济学
- 技术经济学
- 竞争政策
- 数字化经济
- 网络经济
- 创新经济学
- 信息经济学
- 经济学
具体描述
Traditionally, the field of industrial organization has relied on two unrelated theories--the cross-section theory and the growth-of-firms theory--to explain cross-industry differences in concentration and within-industry skewness. The two approaches are based on very different mathematical structures and few researchers have attempted to relate them to each other.In this book, John Sutton unifies the two approaches through a theory that rests on three simple principles. The first two, a "survivor principle" that says that firms will not pursue loss-making strategies, and an "arbitrage principle" that says that if a profitable opportunity is available, some firm will take it, suffice to define a set of possible outcomes. The third, the "symmetry principle," says that the strategy used by a new entrant into any submarket depends neither on the entrants identity nor on its history in other submarkets. This allows researchers to bring together the roles of strategic interactions and of independence effects. The result is that the considerations motivating the cross-section tradition and those motivating the growth-of-firms tradition both drop out within a single game-theoretic model.This book follows Sutton's Sunk Costs and Market Structure, published by MIT Press in 1991.
作者简介
目录信息
Technology and Market Structure63
From Theory to Testing93
The HighAlpha Industries113
The LowAlpha Industries155
Scale Learning and the Unit Size Effect173
Not by Technology Alone197
The Size Distribution229
Extensions and Limitations315
Learning Effects341
Networks and Standards379
A Complex Case415
Summing Up473
Afterword495
References641
Index661
Independent Submarkets265
Testing the Independent Submarkets Model295
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