Skip to main content

Implementing Game-Theoretic Models in Industrial Economics: Levels of Attack

  • Chapter
Recent Developments in the Theory of Industrial Organization

Abstract

Up to ten years ago, industrial economics in the Anglo-Saxon tradition was a heavily ‘empirical’ subject. Following the tradition laid down by Bain and his successors, industrial economists focused particular attention on the investigation of a small number of statistical regularities, which were usually investigated by means of cross-sectional regressions carried out across a group of independent industries.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 84.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 109.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
USD 109.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  • BENOIT, J-P. (1984) ‘Financially Constrained Entry in a Game with Incomplete Information’, Rand Journal of Economics 15, pp. 490–9.

    Article  Google Scholar 

  • BRESNAHAN, T.F. and REISS, C. (1990) ‘Entry in Monopoly Markets’, Review of Economic Studies.

    Google Scholar 

  • DASGUPTA, P. and STIGLITZ, J. (1980) ‘Industrial Structure and the Nature of Innovative Activity’, Economic Journal 90, pp. 266–93.

    Article  Google Scholar 

  • D’ASPREMONT, C., GABSZEWICZ, J. J. and THISSE, J-F. (1979) ‘On Hotelling’s “Stability in Competition”’, Econometrica 47, pp. 1145–50.

    Article  Google Scholar 

  • GASMI, F., LAFFONT, J.J. and VUONG, Q. (1990) ‘An Econometric Analysis of a Dynamic Duopoly Model’, European Economic Review, forthcoming.

    Google Scholar 

  • HENDRIKS, K. and PORTER R.H. (1988) ‘An Empirical Study of an Auction with Asymmetric Information’, American Economic Review 78 (14), pp. 301–14.

    Google Scholar 

  • HOTELLING, H. (1929) ‘Stability in Competition’, Economic Journal 39, pp. 41–57.

    Article  Google Scholar 

  • KREPS, D. and WILSON R. (1982) ‘Reputation and Imperfect Information’, Journal of Economic Theory 27, pp. 253–79.

    Article  Google Scholar 

  • MCGEE, J.S. (1958) ‘Predatory Price Cutting: The Standard Oil (N.J.) Case’, Journal of Law and Economics 137, pp. 138–43.

    Google Scholar 

  • MATTHEWSON, G.F. and WINTER, R.A. (1984) ‘An Economic Theory of Vertical Restraints’, Rand Journal of Economics 15, pp. 27–38.

    Article  Google Scholar 

  • MILGROM, P. and ROBERTS, J. (1982) ‘Predation, Reputation and Entry’, Journal of Economic Theory 27, pp. 280–312.

    Article  Google Scholar 

  • SCHMALENSEE, R. (1978) ‘Entry Deterrence in the Ready-to-Eat Breakfast Cereal Industry’, Bell Journal of Economics 9, pp. 305–27.

    Article  Google Scholar 

  • SELTEN, R. (1975) ‘A Re-Examination of the Perfectness Concept for Equilibrium Points in Extensive Games’, International Journal of Game Theory 4, pp. 25–55.

    Article  Google Scholar 

  • SHAKED, A. and SUTTON, J. (1987) ‘Product Differentiation and Industrial Structure’, Journal of Industrial Economics 36, pp. 131–46.

    Article  Google Scholar 

  • SHAKED, A. and SUTTON, J. (1990) ‘Multiproduct Firms and Market Structure’, Rand Journal of Economics, forthcoming.

    Google Scholar 

  • SLADE, Margaret (1990) ‘Strategic Pricing Models and Interpretation of Price-War Data’, European Economic Review, forthcoming.

    Google Scholar 

  • SUTTON, J. (1990) ‘Endogenous Sunk Costs and Market Structure’, in G. Bonanno and D. Brandolini (eds), Industrial Structure in the New Industrial Economics, Oxford University Press.

    Google Scholar 

  • SUTTON, J. (1991) Sunk Costs and Market Structure Cambridge, Mass.: MIT Press.

    Google Scholar 

  • TELSER, L. (1965) ‘Abusive Trade Practices: An Economic Analysis’, Law and Contemporary Problems 488, pp. 494–6.

    Google Scholar 

  • TIROLE, J. (1988) The Theory of Industrial Organization, Cambridge Mass.: MIT Press.

    Google Scholar 

Download references

Authors

Editor information

Editors and Affiliations

Copyright information

© 1992 Palgrave Macmillan, a division of Macmillan Publishers Limited

About this chapter

Cite this chapter

Sutton, J. (1992). Implementing Game-Theoretic Models in Industrial Economics: Levels of Attack. In: Del Monte, A. (eds) Recent Developments in the Theory of Industrial Organization. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-11771-0_2

Download citation

Publish with us

Policies and ethics