This article surveys the theoretical and empirical literature on mechanisms that confer
advantages and disadvantages on first‐mover firms. Major conceptual issues are …

Publisher Summary The study of oligopolistic industries lies at the heart of the field of
industrial organization. The belief of an individual about the behavior of large firms in …

A firm's actions in one market can change competitors' strategies in a second market by
affecting its own marginal costs in that other market. Whether the action provides costs or …

To create a competitive advantage, a company must commit itself to developing a set of
capabilities superior to its competitors; But such commitments tend to be costly and hard to …

Past commentaries on the potential impact of the Internet on consumer marketing have
typically failed to acknowledge that consumer markets are heterogeneous and complex and …

The economic theory of the Consumer Price Index (CPI) has been well developed (see, eg,
Pollak 1989). The CPI serves as an approximation of an ideal cost-of-living (COL) index. In …

This paper considers the effect of an airline's scale of operation at an airport on the
profitability of routes flown out of that airport. The empirical methodology uses the entry …

The idea that strategic considerations may provide firms an incentive to" overinvest"
in'capital" to deter the entry or expansion of rivals is by now well understood. However, in …

* The field of industrial organization has been transformed during the past twenty years. In
the 1950s and 1960s, IO was predominantly an empirical field with little theory to guide …

This chapter overviews productivity research from an industrial organization perspective. We
focus on what is known and what still needs to be learned about the productivity levels and …