Empirical Studies in Industrial Organization Essays in Honor of Leon
Empirical Studies in Industrial Organization brings together leading scholars who present state-of-the-art research in the spirit of the structure-conduct-performance paradigm embodied in the work of Leonard W. Weiss. The individual chapters are generally
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Studies in Industrial Organization Volume 16
Series Editors: H. W. de Jong, University of Amsterdam, Amsterdam, The Netherlands W. G. Shepherd, University of Massachusetts, Amherst, U.S.A.
Advisory Board: W. Adams, Michigan State University, East Lansing (Mich.), U.S.A. R. E. Caves, Harvard University, Cambridge (Mass.), U.S.A. K. D. George, University College of Swansea, Singleton Park, U.K. E. Heusz, Friedrich Alexander University, Erlangen-Nürnberg, Germany A. P. Jacquemjn, University of Louvain, Louvain, Belgium, and Commission of the European Communities, Brussels, Belgium E. Kantzenbach, University of Hamburg, Hamburg, Germany H. W. Lambers, Erasmus University, Rotterdam, The Netherlands R. Prodi, University of Bologna, Bologna, Italy, and Istituto per la Ricostruzione Industriale, Bologna, Italy F. M. Scherer, Harvard University, Cambridge (Mass.), U.S.A.
The titles published in this series are listed at the end of this volume.
Empirical Studies in Industrial Organization Essays in Honor of Leonard W. Weiss
Edited by
David B. Audretsch and John J. Siegfried
Springer Science+Business Media, L L C
Library of Congress Cataloging-in-Publication Data Eap1r1cal studies m industrial organization : essays 1n honor of Leonard W. Weiss / edited by David B. Audretsch, John J. S i e g f r i e d , p. ca. — (Studies In Industrial organization ; v. 16) Includes Index. ISBN 978-94-010-5241-2 1. Industrial organization (Economic theory) I. Audretsch, David B. I I . S i e g f r i e d , John J. I I I . Weiss, Leonard W. IV. Series. HD2326.E46 1992 338.6—dc20 92-14813
ISBN 978-94-010-5241-2 DOI 10.1007/978-94-011-2795-0
ISBN 978-94-011-2795-0 (eBook)
All Rights Reserved © 1992 Springer Science+Business Media New York Originally published by Kluwer Academic Publishers in 1992 No part of the material protected by this copyright notice may be reproduced or utilized in any form or by any means, electronic or mechanical, including photocopying, recording or by any information storage and retrieval system, without written permission from the copyright owner.
Table of contents
Preface Acknowledgements Chapter One Leonard Weiss' Contributions to Research Industrial Organization
vii Xl III
FREDERIC M. SCHERER
Chapter Two
Costs, Demand, and Imperfect Competition as Determinants of Plant-Level Output Prices
Chapter Three
The Functional Relationship Between Prices and Market Concentration: The Case of the Banking Industry
Chapter Four
The Effectiveness and Stability of Highway BidRigging
Chapter Five
Price Changes and Mergers in U.S. Manufacturing, 1985-1986
Chapter Six
Price Challges from 1958 to 1982
Chapter Seven
Problems in the Conceptualization of Markets for the Analysis of Competitive Processes
TIMOTIIY DUNNE and MARK J. ROBERTS
TIMOTIIY H. HANNAN
LANCE E. BRANNMAN andJ. DOUGLASS KLEIN
JOHN F. STEWART and SANG-KWON KIM CHRISTINA M. L. KELTON
PAUL AUERBACH, MERLIN STONE AND JACK CAMPBELL
Chapter Eight
Predatory Pricing: Where Do We Stand?
Chapter Nine
Antitrust and the Political Process
Chapte
