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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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