The Rise, Fall, and Legacy of the Structure-Conduct-Performance Paradigm
Bibliographic Data
| ID | 21634742 |
|---|---|
| Authors | Matthew Panhans (0000-0001-7874-6740, Federal Trade Commission, corresponding author) |
| Year | 2024 |
| Volume | 46 |
| Issue | 3 |
| Pages | 337-357 |
| Publication date | 2024-09-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Journal of the History of Economic Thought (JOURNAL) |
| Journal identifiers | ISSN: 1053-8372 • E-ISSN: 1469-9656 |
| Publisher | Cambridge University Press (CUP) (PUBLISHER) |
| DOI | 10.1017/s105383722300038x |
| OpenAlex | W4388076284 |
| Language | EN |
| Citations received | 2 |
| References cited | 29 |
The Structure-Conduct-Performance paradigm was the core framework of industrial organization for two decades, and had a significant impact on competition policy from the 1950s through the 1970s. This essay considers what made the SCP framework so influential in the United States, the shortcomings economists identified in the framework during the shift to the “new IO” in the late 1970s, and the lasting contributions that the SCP paradigm made on policy and the study of industry and competition
Economic system · Economics · Epistemology · Industrial organization · Paradigm shift · Political science · Telecommunications · Business Strategy and Innovation · Engineering · Global trade and economics · Merger and Competition Analysis
Barriers to New Competition
Industry Structure, Market Rivalry, and Public Policy
Price-Cost Margins and Industry Structure
Detecting Large-Scale Collusion in Procurement Auctions
The Theory of Monopolistic Competition
The Handbook of Industrial Organization
The Historical Development of Industrial Organization
Antitrust Policy
Do Increasing Markups Matter? Lessons from Empirical Industrial Organization
| Unique citing works | 2 |
|---|---|
| Citations per year | 2 |
| Citation span | 2026 - 2026 (1) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 2 |