Recent Developments in the Theory of Industrial Organization
New forms of organisation and market behaviour are emerging to replace and reshape older forms. This has produced great uncertainty in industrial organization theory. The purpose of this volume is to review and present some of the new approaches developed
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ALFREDO DEL MONTE
RECENT DEVELOPMENTS IN THE THEORY OF INDUSTRIAL ORGANIZATION
Recent Developtnents in the Theory of Industrial Organization Edited by
Alfredo DeI Monte Professor of Industrial Economics University of Napfes
Seleclion and editorial matter © Alfredo Dei Monte 1992 Parts I-IV inclusive © The Macmillan Press Ltd 1992 Softcover reprint of the hardcover 1st edition 1992 All rights reserved. No rcproduction, copy or transmission of this publication may bc made without wriltcn permission. No paragraph of this publication may bc reproduced, copied or transmitted save with written permission or in accordance with the provisions of the Copyright, Designs and Patents Ac! 1988, or under the terms of any Iicence permitting Iimited copying issued by the Copyright Licensing Agency, 90 Tottenham Court Road, London W 1P 9HE. Any person who does any unauthorised act in relation to this publication may bc liable to criminal prosecution and civil claims for damages. First published 1992 by THE MACMILLAN PRESS LTD Houndmills, Basingstoke, Hampshire RG21 2XS and London Companies and representatives throughout the world ISBN 978-1-349-11773-4 ISBN 978-1-349-11771-0 (eBook) DOI 10.1007/978-1-349-11771-0 A catalogue record for this book is available from the British Library Reprinted and bound 1994 in Greal Britain by Antony Rowe LId, Chippenham, Wiltshire 11
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Contents vii
Acknow/edgement
viii
Notes Oll the COlltribll1ors llI1rodllctioll: Recellt Deve/opmellts in Illdustrial Orgallizatioll
Part IRecent AI}proaches to Industrial Organization Implementing Game-Theoretic Models in Industrial Economics: Levels of Attack lohll Sutton
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Performances, Interactions and Evolution in the Theory of Industrial Organization Giovanni Dosi
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Experiments in Industrial Organization lohn D. Hey
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Part 11 The ßehaviour of Individual Firms and the Characteristics of Industrial Systems 4
On Imperfect Competition and Macroeconomic Analysis Malco/m C. Sawyer
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Flexibility and Induslrial Organization Theory Alfredo Dei MOllte alld Fabio Massimo Esposito
114
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Monopoly Capitalism Revisited Keith Cow/illg
148
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Industrial Economics in Italy Roberto Marchionatti and Francesco Si/va
162
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COlllellfs
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Part 111
The Theory of the Firm and Industrial Organization
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Collaborative Strategies of Firms: Theory and Evidence Neil Kay
201
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The Multinational Firm and the Theory of Industrial Organization Nicola Acocella
232
The Behaviour of Risk-Averse Finns in a Duopolistic Market Riccardo Marfina
252
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Part IV
Technical Progress and Market Structures
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Technological Change and Market Structure: The Diffusion Dimension Paul Slol/emall
267
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Inventive Activity and Risk Aversion Damiano Silipo
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Market Structure, Firm Size and Innovation in Italy: An Integrated Approach to Testing Schumpeter Niall O' Higgills and Pafrizia Shriglia
293
Aufhol' Index
313
Subjecf Index
318
Acknowledgement Pal'ticular thanks are due 10 Ash Amin and Davi
