Description - Barriers to Entry and Strategic Competition by Paul Geroski
This monograph reviews the theoretical and empirical literature currently available on entry and strategic competition in markets. The analysis focuses on barriers to entry and on the role of incumbent behaviour in affecting conditions of entry. Particular attention is paid to the ability of incumbents to maintain supracompetitive profits in the long run, and empirical studies of the conditions of entry and of the effects of entry are surveyed. The book goes on to examine the relation between entry and exit conditions, before moving on to an analysis of dynamic limit pricing. Finally a range of empirical models of entry and strategic behaviour is surveyed.
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Market Structure, Corporate Performance, and Innovative Activity
