Background
Joe S. Bain was born in Spokane, Washington, July 4, 1912.
- Photos
- Works
- Photos
- Works
book
- The Economics of the Pacific Coast Petroleum Industry Part I : Market Structure
- The economics of the Pacific coast petroleum industry, 3 Vol Set
- Economics of the Pacific Coast Petroleum Industry, Part I : Market Structure , Part II : Price Behavior and Competition , Part III : Public Policy Toward Competition and Pricing
- The Economics of the Pacific Coast Petroleum Coast Petroleum Industry: Part Ii: Price Behavior and Competition
- Pricing, distribution, and employment;: Economics of an enterprise system
- Barriers to new competition, their character and consequences in manufacturing industries.
Joe Staten Bain
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A prolific and original writer, Bain contributed to the formation of industrial economy (industrial economics) in its present form and focus on the market structure. Bain's analysis is devoted oligopoly group within the industry and barriers to new competition. He also studied the problems of resource development on the example of a state enterprise of the oil industry.
Education
After graduating in 1935, education at the University of California, Los Angeles, and in 1940 he received his doctorate at Harvard (under the direction of Joseph Schumpeter).
Career
The rest of his career is connected with the University of California, Berkeley. In 1982 he became an honorary member of the American Economic Association.
Achievements
Works
book
- The Economics of the Pacific Coast Petroleum Industry Part I : Market Structure
- The economics of the Pacific coast petroleum industry, 3 Vol Set
- Economics of the Pacific Coast Petroleum Industry, Part I : Market Structure , Part II : Price Behavior and Competition , Part III : Public Policy Toward Competition and Pricing
- The Economics of the Pacific Coast Petroleum Coast Petroleum Industry: Part Ii: Price Behavior and Competition
- Pricing, distribution, and employment;: Economics of an enterprise system
- Barriers to new competition, their character and consequences in manufacturing industries.
Views
Writing and teaching in the areas of price theory and industrial organisation, in which the latter augments and incorporates price theory, in so far as that explains and predicts market structure, conduct and performance - and their interrelationship. Most novel contribution has involved identifying and quantifying ‘barriers to entry’ as an important dimensions of market structures, finding their sources, spinning a theory of the effects of these barriers on efficiency and pricing in monopolised and oligopoly industries, measuring such barriers and testing for their predicted effects.
Interests
Connections
- co-author:
- W. G. Shepherd
- co-author:
- P. David Qualls
- co-auhor:
- Richard Earl Caves
- co-author:
- Julius Margolis
The New Palgrave: A Dictionary of Economics, vol. 1
Industrial organization : a treatise
Northern California's water industry: the comparative efficiency of public enterprise in developing a scarce natural resource
Northern California's water industry: the comparative efficiency of public enterprise in developing a scarce natural resource
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Born
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Died
1992 (aged 79) -
Nationality
American -
Political Party
The American Economic Association
Education
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1932 - 1935
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1935 - 1940
Career
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1941 - 1975