Entry, Its Deterrence, and Its Accommodation: A Study of the U. S. Photographic Film Industry
Year: 1996
Type: article
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. I first estimate preentry and postentry market structures. Then, using the estimated demand, cost, and market conduct parameters, I show how entry by Fuji Photo, or lack thereof by others, is a function of two market structures. I also show how market structure and conduct, and changes in them over the pre- and postentry periods, are, in turn, functions of entry, its deterrence, and it accommodation.
Source: The RAND Journal of Economics
DOI: 10.2307/2555839
Author: Vrinda Kadiyali
Institution: Cornell University
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W2062926412