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Market Structure: Theory and Evidence

In: Handbook of Industrial Organization

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  • Sutton, John

Abstract

This chapter reviews the literature which has developed around the `bounds approach' to market structure over the past fifteen years. The focus of this literature lies in explaining cross-industry differences in concentration, and in the size distribution of firms. One of the main ideas involved is that a study of these cross-industry differences offers a powerful way of uncovering the operation of some key competitive mechanisms.

Suggested Citation

  • Sutton, John, 2007. "Market Structure: Theory and Evidence," Handbook of Industrial Organization, in: Mark Armstrong & Robert Porter (ed.), Handbook of Industrial Organization, edition 1, volume 3, chapter 35, pages 2301-2368, Elsevier.
    • Handle: RePEc:eee:indchp:3-35
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    Keywords

    industrial organization;

    JEL classification:

    • L0 - Industrial Organization - - General

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