Published online by Cambridge University Press: 28 April 2015
The theory of industrial organization provides a conceptual base for investigation of the market structure of specialized industries. A number of measures of concentration exist which have been applied to market structure investigations. These measures are utilized to quantify seller concentration in an effort to classify individual markets with respect to relative competitiveness.
Texas A&M Agricultural Experiment Station Technical article number 10944. The author gratefully acknowledges partial financial support for this research from Texas Transportation Institute.