Abstract
Traditionally, market structure has been characterised by the following factors:
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(i)
the degree of concentration of firms;
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(ii)
the level and types of barriers to entry;
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(iii)
the degree of product differentiation; and
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(iv)
the nature of industry demand, its evolution and elasticity.
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References
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© 1977 Alexis P. Jacquemin and Henry W. de Jong
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Jacquemin, A.P., De Jong, H.W. (1977). Industrial Concentration. In: European Industrial Organisation. Problems of Economic Integration. Palgrave, London. https://doi.org/10.1007/978-1-349-86167-5_2
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DOI: https://doi.org/10.1007/978-1-349-86167-5_2
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