It has gradually become clear that explanatory models about the market structure-performance relationship which invoke a uniform reaction pattern on behalf of the competitors in the market, have
Do managers who are neither the owners nor controlled by persons or groups with a strong holding in the stock of a company slacken in the quest of profit and turn to the pursuit of other goals?
INDUSTRIAL process innovations and their diffusion have been the subject of numerous theoretical and empirical investigations.1 One recurrent problem for empirical work is posed by the ambiguity
THE private health insurance industry is large and important. As discussed by Karen Davis [2], it figures prominently in several plans for national health insurance.
A recurring theme in industrial economics is firm efficiency, yet the state of the art of its measurement is not very far advanced.
THE extensive empirical literature that has evolved from E. S.
In a recent article in this journal, Tucker and Wilder [4] (hereafter T & W) examine some determinants of trends in vertical integration across both industries and firms, using the ratio of
