How Policy Shapes Competition: Early Railroad Foundings in Massachusetts
Administrative Science Quarterly, Vol. 42, (1997): 501-529
29 Pages Posted: 29 Mar 2014
Date Written: 1997
Abstract
To examine the effects of policy on markets and competition we outline hypotheses about the effects of three common policy regimes -- public capitalization, pro-cartel, and antitrust -- on competition and the founding of new firms.
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