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Technology and Market Structure: Theory and History

by John Sutton

Technology and Market Structure: Theory and History Cover

Synopses & Reviews

Publisher Comments:

Economists have traditionally taken two very different approaches to studying market structure. One looks to andquot;industry characteristicsandquot; to explain why different industries develop in different ways; the other looks to the pattern of firm growth within a andquot;typicalandquot; industry to describe the evolution of the size distribution of firms. In his new book, John Sutton sets out a unified theory that encompasses both approaches, while generating a series of novel predictions as to how markets evolve. Using statistical analysis and a detailed examination of industry histories, he rigorously tests these new predictions. Data in the paperback edition have been revised and updated.

About the Author

John Sutton is Sir John Hicks Professor of Economics at the London School of Economics.

Product Details

ISBN:
9780262692649
Subtitle:
Theory and History
Author:
Sutton, John
Author:
Sutton, John
Publisher:
MIT Press (MA)
Subject:
General
Subject:
Economics
Subject:
Economics - Theory
Subject:
Economics - General
Edition Description:
Trade paper
Publication Date:
March 2001
Binding:
Paperback
Grade Level:
Professional and scholarly
Language:
English
Illustrations:
Y
Pages:
692
Dimensions:
9 x 6 in

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