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This paper reviews the recent literature on game-theoretic models of market structure and their empirical implementation.
Persistent link: https://www.econbiz.de/10010928801
This paper reviews the recent literature on game-theoretic models of market structure and their empirical implementation.
Persistent link: https://www.econbiz.de/10011126329
efficiency. Our results suggest that competition between public providers prompted public hospitals to improve their productivity …
Persistent link: https://www.econbiz.de/10010884637
We review the recent literature on market structure, firm strategies and public policy in network industries. In particular, we focus on the latest applied work, including case studies and empirical work as well as refinements of the established theoretical results. We group each set of results...
Persistent link: https://www.econbiz.de/10010928671
This paper examines the evolution of a skew distribution of firm sizes from the viewpoint of the 'Bounds' approach to market structure. It confines attention to the role played by non-strategic factors (statistical independence, and cost sideeffects). A model is proposed, which leads to a...
Persistent link: https://www.econbiz.de/10010744822
This paper examines the frequency, pervasiveness, and determinants of product switching by US manufacturing firms. We find that one-half of firms alter their mix of five-digit SIC products every five years, that product switching is correlated with both firm- and firm-product attributes, and...
Persistent link: https://www.econbiz.de/10010745219
This paper proposes an equilibrium concept for a class of games in which players make irreversible costly decisions; these games have been widely used in the recent I.O. literature. The equilibrium concept is defined, not in the space of strategies, but in the space of (observable) outcomes. It...
Persistent link: https://www.econbiz.de/10010746422
This paper uses a difference-in-difference estimator to test whether the introduction of patient choice and hospital competition in the English NHS in January 2006 has prompted hospitals to become more efficient. Efficiency was measured using hospitals’ average length of stay (LOS) for...
Persistent link: https://www.econbiz.de/10010746426
This paper traces the time series (?Growth of Firms?) tradition in the study of market structure and looks at how recent studies on entry and the size distribution of firms have modified thinking in this area.
Persistent link: https://www.econbiz.de/10011071531
theory and the traditional analysis of export policy. The source of the trade divergence, the motive for intervention and the … determined by the maximum potential profitability of the home industry. It is argued that interpretations based on ?profit …
Persistent link: https://www.econbiz.de/10010884498