Abstract

Book description: Oliver Williamson is one of the most important industrial economists of our time. He has made a major contribution to economic scholarship and remains at the forefront of research into transaction costs and the theory of the firm.
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\nIn this volume he has provided a very careful selection of what he considers to be the most important articles and papers in industrial organization. It contains 23 articles, dating from 1937 to 1987. Papers by Kenneth J. Arrow, Ronald H. Coase, Franco Modigliani, Michael Rothschild, Herbert A. Simon, George J. Stigler and Joseph Stiglitz are included in this collection.

Keywords

Barriers to entrySign (mathematics)EconomicsMicroeconomicsBusinessIndustrial organizationMonetary economicsMarket structure

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Publication Info

Year
1987
Type
article
Volume
77
Issue
3
Pages
388-401
Citations
782
Access
Closed

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Cite This

Philippe Aghion, Patrick Bolton (1987). Contracts as a barrier to entry. American Economic Review , 77 (3) , 388-401.