Springer Industry Structure and Pricing - Infrastructure Book

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.