Technology And Market Structure: Theory And History by John Sutton
Technology And Market Structure: Theory And History

John Sutton

Technology And Market Structure: Theory And History

John Sutton

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In this book, John Sutton unifies the two approaches through a theory that rests on three simple principles. The first two, a "survivor principle" that says that firms will not pursue loss-making strategies, and an "arbitrage principle" that says ...

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