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Entry, Innovation, Exit: Towards a Dynamic Theory of Oligopolistic Industrial Structure

Stiglitz, Joseph E.

Explores various factors that influence the relative growth or decline of industries under alternative industrial organizations. Implication of the hypothesis that the industry is in a steady state; Development of innovation under competition; Analysis of the case of an industry controlled by a permanent private monopolist.

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Title
European Economic Review

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Academic Units
Economics
Published Here
May 1, 2013