Organizational Structure and Policy: Industrial Organization

Kathleen A. Carroll

Chapter 10 in Property Rights and Managerial Decisions in For-profit, Nonprofit, and Public Organizations, 2004, pp 148-163 from Palgrave Macmillan

Abstract: Abstract The field of industrial organization traditionally has examined the relationship between industry concentration and profit. This traditional approach is based on the structure-conduct-performance (SCP) paradigm advanced by Bain (1958). This theory has been subject to considerable criticism as I describe in Chapter 2. Expanded theories of industrial organization incorporate factors other than concentration that can affect profitability such as entry conditions and in particular scale economies, product differentiation, advertising, and research and development activities. Despite this, the SCP model serves as the basis for antitrust and economic regulation policies in the US and European Union.

Keywords: Industrial Organization; Nonprofit Organization; Corporate Manager; National Collegiate Athletic Association; Market Definition (search for similar items in EconPapers)
Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-4039-4809-0_10

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DOI: 10.1057/9781403948090_10

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