Market Evolution: Competition and Cooperation is a selection of papers
presented at the recent meeting of the European Association of Research
in Industrial Economics (EARIE). The volume brings together twenty
high-quality papers reflecting frontier research in modern industrial
organization. The contributions cover a broad spectrum of increasing
theoretical, empirical and policy issues, including analyses of the
nature of the firm, product differentiation, research and development,
strategic alliances, information sharing in the banking sector, exchange
rate pass-through in international competition, labor unionization and
product rivalry, buyer-supplier bargaining, multimarket competition and
related entry, entry and exit processes, multinational enterprises in
the Third World, European integration and the restructuring of Eastern
Europe. From a theoretical perspective, many chapters apply game theory
to the analysis of firm behaviors and market competition. Moreover, a
large number of the studies contain a significant empirical part, mainly
by employing econometric techniques, to test the hypotheses derived from
modern industrial organization theories. Data from Belgium, Germany, the
Netherlands, Portugal, the United Kingdom and the European Union are
presented and analyzed.