The Historical Development of Industrial Organization

The Historical Development of Industrial Organization University of Pennsylvania; RODNEY STEVENSON with the Federal Power is Commission and the University of Maryland. 1.To reduce the number of subsequent footnotes, we note heavy reliance on J. A. Schumpeter, History of Economic Analysis (New York, 1954), and on H. B. Thorelli, The Federal Antitrust Policy: Origin of an American Tradition (Baltimore, 1955), for the late nineteenth century in the United States. Materials in E. T. Grether, “: Past History and Future Problems,” American Economic Review, May 1970, flavor the discussion of the influence of Edward S. Mason. of the field in this study is impossible. Instead, emphasis is placed on writings which, relative to their time, represent analytic or empirical advances. Little attention is given to numerous studies which, while valuable additions to knowledge, are essentially applications of the then current analytic or empirical techniques to novel industrial situations. The period prior to Adam Smith The term “monopoly” was defined by Aristotle in his Politics and Ethics. The monopoly price was “unjust,” but precision in defining the structural conditions leading to the “just price” was lacking. Subsequent writings by St. Thomas and Duns Scotus related the “just price” to costs, but again the market conditions necessary http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png History of Political Economy Duke University Press

The Historical Development of Industrial Organization

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Publisher
Duke University Press
Copyright
Copyright 1974 by Duke University Press
ISSN
0018-2702
eISSN
1527-1919
DOI
10.1215/00182702-6-3-324
Publisher site
See Article on Publisher Site

Abstract

University of Pennsylvania; RODNEY STEVENSON with the Federal Power is Commission and the University of Maryland. 1.To reduce the number of subsequent footnotes, we note heavy reliance on J. A. Schumpeter, History of Economic Analysis (New York, 1954), and on H. B. Thorelli, The Federal Antitrust Policy: Origin of an American Tradition (Baltimore, 1955), for the late nineteenth century in the United States. Materials in E. T. Grether, “: Past History and Future Problems,” American Economic Review, May 1970, flavor the discussion of the influence of Edward S. Mason. of the field in this study is impossible. Instead, emphasis is placed on writings which, relative to their time, represent analytic or empirical advances. Little attention is given to numerous studies which, while valuable additions to knowledge, are essentially applications of the then current analytic or empirical techniques to novel industrial situations. The period prior to Adam Smith The term “monopoly” was defined by Aristotle in his Politics and Ethics. The monopoly price was “unjust,” but precision in defining the structural conditions leading to the “just price” was lacking. Subsequent writings by St. Thomas and Duns Scotus related the “just price” to costs, but again the market conditions necessary

Journal

History of Political EconomyDuke University Press

Published: Sep 1, 1974

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