£115.87

Springer Industry Structure and Pricing - Infrastructure Book

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Description

Expand your understanding of economic theory with Industry Structure and Pricing: The New Rivalry in Infrastructure. Published by Springer as part of the Studies in Industrial Organization series, this text offers a fresh perspective on how market competition works in modern infrastructure sectors. The book extends current economic models by looking at the effects of both actual and potential rivalry in markets outside of immediate interest. By focusing on the contestable model, the author introduces the concept of multilateral rivalry (MLR). This framework helps explain how diverse patterns of rivalry impact the effectiveness of regulatory policies. Readers will gain insight into why many conclusions in existing contestability literature may be too generous to firms attempting to protect or extend monopoly positions. This work provides a necessary correction for students, researchers, and professionals studying economic policy and industrial organization.

Key Features

Explores advanced economic models by incorporating effects of actual and potential rivalry in markets outside the immediate interest.

Introduces the concept of multilateral rivalry (MLR) to explain diverse patterns of competition.

Analyzes the contestable model to determine the appropriateness of various regulatory policies.

Provides a critical look at existing contestability literature regarding firm monopoly positions.

Part of the Studies in Industrial Organization series (Volume 22) for academic depth.

Product Specifications

Format
paperback
Domain
Amazon UK
Release Date
08 December 2010
Listed Since
06 July 2010

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