Contestability vs. competition
American Economic Review
1984
Analyzes the ultra-free entry as normative contribution to industrial organization. Ultra-free entry in context of the evolving field of industrial organization; Assessment of the conceptual validity of William Baumol, Elizabeth Bailey John Panzar and Robert Willig's analysis in representing the nature of competition; Empirical issues in measuring and testing ultra-free entry. (Из Ebsco)
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