During the 1950s and 1960s, quantitative research on the economics of invention was spurred by awareness that technical change was a primary source of the rapid economic growth achieved by indus
THERE exists a vast empirical literature examining the relationship between the intensity of research and development activity (R & D) and the size of the firm.
THIS paper examines economic determinants of bidding behavior in petroleum lease sales on the United States Outer Continental Shelf (OCS).
THE objective of this paper is to contribute to a better understanding of pricing in the markets for manufactured goods through a detailed examination of pricing behaviour in the UK wholesale ma
The brewing industry has constituted a focus of interest in industrial organization economics since World War II, due to its rapidly increasing concentration, possibly large plant-level scale ec
In a classic article on the economics of information, George Stigler discussed the impact advertising could have on the dispersion of seller prices quoted in a marketplace.1 As one source of pri
CERTAIN types of controlled experiments may enable causal inferences to be made about the relationship between two variables; other types of experiments can be used to deal with the (not complet
It is important from a policy viewpoint to determine how the market behavior of monopolistic firms changes after a conglomerate merger.