Technology and Market Structure: Theory and History Book + PRICE WATCH * Amazon pricing is not included in price watch

Technology and Market Structure: Theory and History Book

Economists have traditionally taken two very different approaches to studying market structure. One looks to "industry characteristics" to explain why different industries develop in different ways; the other looks to the pattern of firm growth within a "typical" industry to describe the evolution of the size distribution of firms. In his new book, John Sutton sets out a unified theory that encompasses both approaches, while generating a series of novel predictions as to how markets evolve. Using statistical analysis and a detailed examination of industry histories, he rigorously tests these new predictions. Data in the paperback edition have been revised and updated.Read More

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  • 0262692643
  • 9780262692649
  • J Sutton
  • 18 April 2001
  • MIT Press
  • Paperback (Book)
  • 692
  • 2nd Revised edition
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