First, it offers a clean test of contestable market theory.
Evaluating the Operational Content of Contestable Market Theory.
A contestable market is a market which has no barriers to entry or exit.
The crucial feature of a contestable market is its vulnerability to hit-and-run entry.
The crucial feature of a contestable market is its vulnerability to hit-and-run competition.
In economics, a complete market is a market with two conditions:
Requêtes fréquentes français :1-200, -1k, -2k, -3k, -4k, -5k, -7k, -10k, -20k, -40k, -100k, -200k, -500k, -1000k,
Requêtes fréquentes anglais :1-200, -1k, -2k, -3k, -4k, -5k, -7k, -10k, -20k, -40k, -100k, -200k, -500k, -1000k,
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