The Theory of Contestable Markets: Applications to Regulatory and Antitrust Problems in the Rail Industry

By William B. Tye | Go to book overview

About the Author

WILLIAM B. TYE is an expert in industrial economics and the author of Encouraging Cooperation among Competitors: The Case of Motor Carrier Deregulation and Collective Ratemaking.

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The Theory of Contestable Markets: Applications to Regulatory and Antitrust Problems in the Rail Industry
Table of contents

Table of contents

  • Recent Titles in Contributions in Economics and Economic History ii
  • Title Page iii
  • Contents vii
  • Preface ix
  • 1 - Lntroduction 1
  • Notes 24
  • 2 - Vertical Mergers into Contestable Markets 29
  • Notes 45
  • 3 - Sunk Costs, Transactions Costs, and Vertical Foreclosures in the Rail Industry 51
  • Notes 82
  • 4 - Determination of Market Dominance and Maximum Reasonable Rates in the Transition to Deregulation 93
  • Conclusion 115
  • Notes 116
  • 5 - Conclusions on Recent Applications of Contestability Theory 119
  • Note 128
  • References 129
  • Index 139
  • About the Author 145
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