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Sunk Costs and Market Structure

Price Competition, Advertising, and the Evolution of Concentration

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592 pages

More about the book

Focusing on the intersection of game theory and industrial organization, this work explores how modern theoretical models can enhance the traditional structure-conduct-performance paradigm. It aims to connect contemporary insights with established empirical approaches, providing a comprehensive analysis of market dynamics influenced by sunk costs. The book serves as a critical resource for understanding the evolution of market structures and the implications for competition and strategy within various industries.

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ISBN
9780262693585
Publisher
MIT Press

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Book variant

2007, paperback

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