This paper discusses the role of affordability in the development of economic regulation from the emergence of railway regulation in the 1840-60 period. It also covers the regulatory responses to the development of network telecoms, electricity and the water and sewerage industries, primarily in...

I. Theory -- 1. On the Current State of Knowledge in Industrial Organization -- 2. On the Core Concepts of Industrial Economics -- 3. European Industrial Organization: Entrepreneurial Economics in an Organizational Setting -- 4. Mainstreams in Industrial Organization: Challenges and Tasks -- 5....

We propose that the effect of market concentration on firm survival is different according to whether an industry is static (low entry and exit) or dynamic. In our empirical analysis we find support for this hypothesis. Industry concentration rates reduce the survival of new plants but only in...