Review of Industrial Organization

, Volume 19, Issue 4, pp 383–404 | Cite as

Do American and European Industrial Organization Economists Differ?

  • Karl Aiginger
  • Mark McCabe
  • Dennis C. Mueller
  • Christoph Weiss
Article

Abstract

This paper compares results from two surveys among American and European industrial organisation (IO) economists on various IO and broader economic issues. Although differences between the two groups are generally rather small, some systematic differences seem to exist. These differences are more pronounced when judgments about the efficacy of government policies and the workings of the market are concerned than when judgments about methodology and the present and future state of the IO field are concerned. American IO economists tend to exhibit more confidence in the market's capability to allocate resources than their European counterparts.

Europe and U.S.A. industrial organisation economists survey 

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  1. Aiginger, K. (1999) ‘The Use of Game Theoretical Models for Empirical Industrial Organization’, in D. C. Mueller, A. Haid, and J. Weigand, eds., Competition, Efficiency, and Welfare — Essays in Honor of Manfred Neumann. Dordrecht: Kluwer Academic Publishers, pp. 253–277.Google Scholar
  2. Aiginger, K., D. Mueller, and C. Weiss (1998) ‘Objectives, Topics, and Methods in Industrial Organization in the Nineties: Results from a Survey’, International Journal of Industrial Organization, 799–830.Google Scholar
  3. Andrews, P. W. S. (1952) ‘Industrial Economics as a Specialized Subject’, Journal of Industrial Economics, 1, 72–79.Google Scholar
  4. Bain, J. S. (1951) ‘Relation of Profit Rate to Industry Concentration’, Quarterly Journal of Economics, 65, 293–324.Google Scholar
  5. Comanor, W. S., K. Georg, A. Jacquemin, F. Jenny, E. Kantzenbach, J. A. Ordover, and L. Waverman (1990) Competition Policy in Europe and North America, Economic Issues and Institutions. Chur, Switzerland: Harwood Academic Publishers.Google Scholar
  6. Cowling, K., and M. Waterson (1976) ‘Price-Cost Margins and Market Structure’, Economica, 43, 267–274.Google Scholar
  7. Demsetz, H. (1973) ‘Industry Structure, Market Rivalry, and Public Policy’, Journal of Law and Economics, 16, 1–9.Google Scholar
  8. Fisher, F. M., and J. J. McGowan (1983) ‘On the Misuse of Accounting Rates of Return to Infer Monopoly Profits’, The American Economic Review, 73, 82–97.Google Scholar
  9. Frey, B. S., W. W. Pommerehne, F. Schneider, and G. Gilbert (1984) ‘Consensus and Dissension Among Economists: An Empirical Inquiry’, The American Economic Review, 74, 986–994.Google Scholar
  10. Geroski, P. A. (1988) ‘In Pursuit ofMonopoly Power’, Journal of Applied Econometrics, 3, 107–123.Google Scholar
  11. Geroski, P. A. (1991) ‘Competition Policy and the Sstructure-Performance Paradigma’, in S. Davies, and B. Lyons, eds., Economics of Industrial Organization. London, New York: Longman, pp. 166–190.Google Scholar
  12. Martin, S. (1993) Advanced Industrial Economics. Oxford, U.K., Cambridge, MA: Blackwell.Google Scholar
  13. Mueller, D. C. (1986) Profits in the Long Run. Cambridge: Cambridge University Press.Google Scholar
  14. Mueller, D. C. (1995) ‘American and European Economists’, Kyklos, 48, 251–55.Google Scholar
  15. Mueller, D. C. (1996) ‘Lessons from United State's Antitrust History’, International Journal of Industrial Organization, 14, 415–445.Google Scholar
  16. Phlips, L. (1995) Competition Policy: A Game Theoretic Perspective. Cambridge: MIT Press.Google Scholar
  17. Porter, R. H. (1991), ‘A Review on Handbook of Industrial Organization’, Journal of Economic Literature, 29, 553–572Google Scholar
  18. Schmalensee, P. (1989) ‘Interindustry Studies of Structure and Performance’, in R. Schmalensee, and R. D. Willig, eds., Handbook of Industrial Organization, Volume II, Chapter 16. Amsterdam: Elsevier, pp. 951–1010.Google Scholar
  19. Schwalbach, J. (1984) ‘Strategisches Wettbewerbsverhalten in der Titandioxidindustrie’, Zeitschrift für Betriebswirtschaft, 54, 388–399.Google Scholar
  20. Schwalbach, J. (1994) ‘Stand und Entwicklung der Industrieökonomik’, in Forschungsbericht der Humboldt Universität Berlin, Universität Berlin.Google Scholar
  21. Scherer, F. M. (1980) Industrial Market Structure and Economic Performance. Boston: Houghton Miffin.Google Scholar
  22. Sutton, J. (1992) Sunk Costs and Market Structure. Cambridge, London: MIT Press.Google Scholar

Copyright information

© Kluwer Academic Publishers 2001

Authors and Affiliations

  • Karl Aiginger
    • 1
  • Mark McCabe
    • 2
  • Dennis C. Mueller
    • 3
  • Christoph Weiss
    • 4
  1. 1.Austrian Institute of Economic ResearchViennaAustria
  2. 2.School of EconomicsGeorgia Institute of TechnologyAtlantaU.S.A
  3. 3.Department of Economics, BWZUniversity of ViennaVienna
  4. 4.Department of Food EconomicsUniversity of KielGermany

Personalised recommendations