The Structure-Conduct-Performance Paradigm

  • Ferguson P
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Abstract

The structure-conduct-performance (SCP) approach — based exclusively upon neoclassical theory — has long been central to the study of industrial economics. SCP postulates causal relationships between the structure of a market, the conduct of firms in that...

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Ferguson, P. R. (1988). The Structure-Conduct-Performance Paradigm. In Industrial Economics: Issues and Perspectives (pp. 7–22). Macmillan Education UK. https://doi.org/10.1007/978-1-349-19211-3_2

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