The Applied Research of Contestable Market Theory in the Development of the Theory of Industrial Organization
Authors
Shan Chen
Corresponding Author
Shan Chen
Available Online January 2014.
- DOI
- 10.2991/gecss-14.2014.7How to use a DOI?
- Keywords
- the theory of industrial organization, theory of contestable markets, fully contestable marke, sunk costs
- Abstract
With the theory of industrial organization continuing to mature, theory of contestable markets which was created in 1975, by analyzing perfectly contestable markets and the sunk cost, illustrated the question of the relationship between the size of the enterprise and the degree of competition. It makes industrial organization theory develop to some extent, and provides a new thinking way for the system reform.
- Copyright
- © 2014, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Shan Chen PY - 2014/01 DA - 2014/01 TI - The Applied Research of Contestable Market Theory in the Development of the Theory of Industrial Organization BT - Proceedings of the 2014 International Conference on Global Economy, Commerce and Service Science PB - Atlantis Press SP - 26 EP - 29 SN - 1951-6851 UR - https://doi.org/10.2991/gecss-14.2014.7 DO - 10.2991/gecss-14.2014.7 ID - Chen2014/01 ER -