Construct · 1 fields · 1 citations

efficient structure hypothesis: a standalone construct

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Industrial organization

the argument that high concentration and profits can reflect superior efficiency of leading firms rather than collusion.

In industrial organization, efficient structure hypothesis refers to the argument that high concentration and profits can reflect superior efficiency of leading firms rather than collusion. This meaning comes from Demsetz (1973) in The Journal of Law and Economics.[1]

Unit
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Nearby constructs

argument3 fields · 3 citationsjingle · one word, three constructs concentration4 fields · 4 citationsjingle · one word, four constructs efficiency4 fields · 5 citationsjingle · one word, four constructs

References

Demsetz, H. (1973). Industry Structure, Market Rivalry, and Public Policy. The Journal of Law and Economics, 16(1), 1-9. https://doi.org/10.1086/466752

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