Contestability
A Revisionist View
Bibliographic Data
| ID | 9723250 |
|---|---|
| Authors | Robert D Cairns (0000-0002-3439-1412), Dhanayshar Mahabir |
| Year | 1988 |
| Volume | 55 |
| Issue | 218 |
| Pages | 269 |
| Publication date | 1988-05-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Economica (JOURNAL) |
| Journal identifiers | ISSN: 0013-0427 • E-ISSN: 1468-0335 |
| Publisher | JSTOR (PUBLISHER) |
| DOI | 10.2307/2554473 |
| OpenAlex | W2005077794 |
| Language | EN |
| Citations received | 2 |
| References cited | 5 |
Many claims have been made about the significance of the contribution of contestability theory to industrial organizat ion. This paper concludes that contestability theory leaves unanswere d questions about the identity of entrants and the source of their re sources. A modification to the theory is proposed. Rather than as a h indrance to potential entry, sunk costs are viewed as being of key si gnificance for the disciplining of oligopolists through potential ent ry. With the proposed modification, the analysis of the costs of mult iproduct firms may be more easily integrated with recent developments in industrial organization. Copyright 1988 by The London School of Economics and Political Science
| Unique citing works | 2 |
|---|---|
| Citations per year | 0,06 |
| Citation span | 1992 - 1993 (2) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 1 |