Dynamics of Entry and Market Evolution

This book discusses the latest models of industry growth through new entry and market expansion with empirical applications in modern high-tech industries.

This book discusses both competitive and game theory models of industry growth through new technology, innovations and new entry, and provides a comprehensive treatment of various dynamic models of entry, applications of efficiency and entry models in computers and the pharmaceuticals industry, and applied models of Differential Games. The book analyzes the theory of Schumpeterian innovations and its impact on the selection and adjustment process in industry evolution, and emphasizes the applied and empirical aspects of evolutionary dynamics, with a case study of the computer industry over the years 1985-2000.

JATI K. SENGUPTA is Professor of Economics at the University of California Santa Barbara, USA. He has published fourteen research monographs and more than 330 research papers in leading academic journals. He has done extensive research in three areas: theory of economic efficiency, economics of uncertainty and the modern theory of economic growth with applications to India and the south east Asian countries. In the field of management science and operations research he has made significant contributions in the theory of stochastic linear programming and the nonparametric theory of data envelopment analysis.

Entry Dynamics: Theory and Implications * Innovation and Efficiency in Industry Evolution * The Costs and Effects of Market Entry * Entry and Market Structure * Industry Evolution under Entry Barriers * Model of Industry Evolution under Innovations