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Empirical Studies in Industrial Organization - Essays in Honor of Leonard W.Weiss (Hardcover)
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Empirical Studies in Industrial Organization - Essays in Honor of Leonard W.Weiss (Hardcover)
Series: Studies in Industrial Organization, v. 16
Expected to ship within 12 - 19 working days
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"Empirical Studies in Industrial Organization" brings together
leading scholars who present state-of-the-art research in the
spirit of the structure-conduct-performance paradigm embodied in
the work of Leonard W. Weiss. The individual chapters are generally
empirically or public policy oriented. A number of them introduce
new sources of data that, combined with the application of
appropriate econometric techniques, enable new breakthroughs and
insights on issues hotly debated in the industrial organization
literature. For example, five of the chapters are devoted towards
uncovering the link between market concentration and pricing
behavior. While theoretical models have produced ambiguous
predictions concerning the relationship between concentration and
price, these chapters, which span a number of different markets and
situations, provide evidence that a high level of market
concentration tends to result in a higher level of prices. Three of
the chapters explore the impact of market structure on production
efficiency, and three other chapters focus on the role of
industrial organization on public policy.
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