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Structure–conduct–performance paradigm

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Title: Structure–conduct–performance paradigm  
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Subject: Business economics, Warren Samuels, Werner Abelshauser, Ha-Joon Chang, Bounded rationality
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Structure–conduct–performance paradigm

The structure–conduct–performance (SCP) paradigm, first published by economists market structure. The market structure then has a direct influence on the firm's economic conduct, which in turn affects its market performance. Therein, feedback effects occur such that market performance may impact conduct and structure, or conduct may affect the market structure. Additionally, external factors such as legal or political interventions affect the market framework and, by extension, the structure, conduct and performance of the market.

External links

  • Structure–conduct–performance paradigm at Policonomics
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