Entry, its Deterrence, and its Accommodation: A Study of the U.S. Photographic Film Industry

RAND JOURNAL OF ECONOMICS, Vol. 27, No. 3

Posted: 11 May 1998

See all articles by Vrinda Kadiyali

Vrinda Kadiyali

Cornell University - Samuel Curtis Johnson Graduate School of Management

Abstract

This work, set in the "new empirical industrial organization" framework (Bresnahan, 1987), examines firm-level demand-based and cost-based explanations for entry and accommodation strategies in the U.S. photographic film industry. I first estimate pre-entry and post-entry market structures. Then, using the estimated demand, cost, and market conduct parameters, I show how entry by Fuji Photo, or lack thereof by others, is a function of two market structures. I also show how market structure and conduct, and changes in them over the pre- and post-entry periods, are, in turn, functions of entry, its deterrence, and its accommodation.

JEL Classification: L68

Suggested Citation

Kadiyali, Vrinda, Entry, its Deterrence, and its Accommodation: A Study of the U.S. Photographic Film Industry. RAND JOURNAL OF ECONOMICS, Vol. 27, No. 3, Available at SSRN: https://ssrn.com/abstract=4058

Vrinda Kadiyali (Contact Author)

Cornell University - Samuel Curtis Johnson Graduate School of Management ( email )

Ithaca, NY 14853
United States
607-255-1985 (Phone)
607-254-4590 (Fax)

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