Technology, Profit Risk, and Assessments of Market Performance

1 August 1972

journal article
Published by Oxford University Press (OUP) in The Quarterly Journal of Economics

Vol. 86 (3) , 448-462
https://doi.org/10.2307/1880803

Abstract

I. Short-run cost and profit risk, 450. — II. Evidence that cost fixity affects profit risk, 452. — III. Cost behavior and firm size, 454. — IV. Links between market structure and market performance, 457. — V. Summary, 462.

Keywords

MARKET STRUCTURE
PROFIT RISK
TECHNOLOGY
MARKET PERFORMANCE
BEHAVIOR
RUN COST
FIXITY AFFECTS
FIRM SIZE

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