43
Views
0
CrossRef citations to date
0
Altmetric
Research articles

Potential competition in the presence of sunk entry costs: an experiment

Pages 203-225 | Published online: 07 Jul 2009

References

  • Bailey , E. E. and Panzar , J. C. 1981 . The contestability of airline markets during the transition to deregulation . Law and Contemporary Problems , 44 : 125 – 145 .
  • Baumol , W. 1982a . Contestable markets: an uprising in the theory of industry structure . American Economic Review , 72 : 1 – 15 .
  • Baumol , W. , Panzar , J. and Willig , R. 1982b . Contestable markets and the theory of industry structure , New York : Harcourt Brace Jovanovich .
  • Brock , W. 1983 . Contestable markets and the theory of industry structure: a review article . Journal of Political Economy , 91 : 1055 – 1056 .
  • Brown-Kruse , J. 1991 . Contestability in the presence of an alternate market: an experimental examination . The Rand Journal of Economics , 22 : 136 – 147 .
  • Cairns , D. R. and Mahabir , D. 1988 . Contestability a revisionist view . Economica , 55 : 269 – 276 .
  • Call , G. D. and Keeler , T. E. 1985 . “ Airline deregulation, fares, and market behavior: some empirical evidence ” . In Analytical studies in transport economics , Edited by: Daughety , A. F. Cambridge : Cambridge University Press .
  • Cleveland , W. S. 1993 . Visualizing data , 25 – 27 . Summit, NJ : Hobart Press .
  • Coursey , D. , Issac , R. and Smith , V. 1984 . Natural monopoly and contested markets: some experimental results . Journal of Law and Economics , 27 : 91 – 113 .
  • Coursey , D. , Issac , R. , Luke , M. and Smith , V. 1984 . Market contestability in the presence of sunk (entry) costs . The Rand Journal of Economics , 15 : 69 – 84 .
  • Dasgupta , U. 2005 . “ Minding your own business. In Programming Committee of the Hayashibara Forum 2004 and the Open Research Centre of the Graduate School of Kyoto Sangyo University (Eds.) ” . In Proceedings of The Experimental Economics Week in Honour of Dr Vernon L. Smith , Japan : Kyoto and Okayama .
  • Dasgupta , U. 2007 . “ When firms contest in markets: an experiment ” . In Developments on experimental economics: new approaches to solving real-world problems Edited by: Oda , S. H. Springer
  • Demsetz , H. 1968 . Why regulate utilities? . Journal of Law and Economics , 11 : 55 – 65 .
  • Evendyn , R. D. and Williams , A. W. 2000 . Contestability: the debate and industry policy . Economic Analysis and Policy , 30 : 75 – 91 .
  • Fischbacher , U. 1999 . z-Tree – Zurich Toolbox for readymade economic experiments – experimenter's manual Working Paper Nr. 21, Institute for Empirical Research in Economics, University of Zurich
  • Gilbert , R. J. 1989 . The role of potential competition in industrial organization . The Journal of Economic Perspectives , 3 : 107 – 127 .
  • Harrison , G. 1987 . “ Experimental evaluation of the contestable markets hypothesis ” . In Public regulation Edited by: Bailey , E. The MIT Press
  • Harrison , G. and McKee , M. 1985 . Monopoly behavior, decentralized regulation, and contestable markets: an experimental evaluation . Rand Journal of Economics , 16 : 51 – 69 .
  • Harrison , G. , McKee , M. and Rutström , E. E. 1987 . “ Experimental evaluations of institutions of monopoly restraints ” . In Advances in behavioral economics , Edited by: Green , L. and Kagel , J. Vol. 2 , 54 – 94 . Norwood, NJ : Ablex Press .
  • Kessides , I. 1990 . Market concentration, contestability and sunk costs . Review of Economic Statistics , 72 : 614 – 622 .
  • Kessides , I. 1991 . “ Entry and market contestability: the evidence from the United States ” . In Entry and market contestability: an international comparison , Edited by: Geroski , P. and Schawalback , J. Oxford : Blackwell .
  • Millner , E. L. , Pratt , M. D. and Reilly , R. J. 1990 . Contestability in real-time experimental flow markets . Rand Journal of Economics , 21 : 584 – 599 .
  • Peteraf , A. M. and Reed , R. 1994 . Pricing and performance in monopoly airline markets . Journal of Law & Economics , 37 : 193 – 213 .
  • Schwartz , M. and Reynolds , R. 1983 . Contestable markets: an uprising in the theory of industry structure . Comment American Economic Review , 73 : 488 – 490 .
  • Schwartz , M. 1986 . The nature and scope of contestability theory Oxford Economic Papers, New Series, 38, Supplement: Strategic Behavior and Industrial Competition. pp. 37–57
  • Shepherd , W. 1984 . Contestability vs. competition . American Economic Review , 74 : 572 – 587 .
  • Strassmann , D. L. 1990 . Potential competition in the deregulated airlines . The Review of Economics and Statistics , 72 : 696 – 602 .
  • Sutton , J. 1948 . Sunk costs and market structure , Cambridge, Massachusetts, London : The MIT Press .
  • Tukey , J. W. 1977 . Exploratory data analysis , Reading, MA : Addison-Wesley .
  • Weitzman , M. 1983 . Contestable markets: an uprising in the theory of industry structure: comment . American Economic Review , 73 : 486 – 487 .

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.