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| Author: | Kadiyali, V. |
| Title: | Entry, its deterrence, and its accommodation: a study of the U.S. photographic film industry |
| Journal: | RAND Journal of Economics
1996 : AUTUMN, VOL. 27:3, p. 452-478 |
| Index terms: | ECONOMICS USA PHOTOGRAPHY |
| Language: | eng |
| Abstract: | This work, set in the "new empirical industrial organization" framework (Bresnahan,1987), examines firm-level demand-based and cost-based explanations for entry and accommodation strategies in the U.S. photographic film industry. The author first estimates pre-entry and postentry market structures. Then, using the estimated demand, cost, and market conduct parameters, the author shows how entry by Fuji Photo, or lack thereof by others, is a function of two market structures. The author also shows how market structure and conduct, and changes in them over the pre- and postentry periods, are, in turn, functions of entry, its deterrence, and its accommodation. |
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