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On Order$56.95
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Technology and Market Structure: Theory and Historyby John Sutton
Synopses & ReviewsPublisher 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 AuthorJohn Sutton is Sir John Hicks Professor of Economics at the London School of Economics. What Our Readers Are SayingBe the first to add a comment for a chance to win!Product Details
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