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A Close Connection between the Disciplines of Industrial Organization and Finance: A Worthy Objective or a Bridge Too Far?

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  • Lawrence J. White

Abstract

Periodically, the question of whether there ought to be a substantially closer connection between the disciplines of industrial organization (IO) and finance has been a topic of conversation within the IO discipline. After documenting three such initiatives that ultimately failed to have lasting effects, this article argues that a goal of a close interweaving of IO and finance is a chimera -- but that more modest interactions have been and continue to be possible.

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  • Lawrence J. White, 2014. "A Close Connection between the Disciplines of Industrial Organization and Finance: A Worthy Objective or a Bridge Too Far?," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 21(1), pages 49-54, February.
    • Handle: RePEc:taf:ijecbs:v:21:y:2014:i:1:p:49-54
    DOI: 10.1080/13571516.2013.864492
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    References listed on IDEAS

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    1. W. Scott Frame & Lawrence J. White, 2004. "Empirical Studies of Financial Innovation: Lots of Talk, Little Action?," Journal of Economic Literature, American Economic Association, vol. 42(1), pages 116-144, March.
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    7. Richard B. Mancke, 1974. "Causes of Interfirm Profitability Differences: A New Interpretation of the Evidence," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 88(2), pages 181-193.
    8. Garbade, Kenneth D & Silber, William L & White, Lawrence J, 1982. "Market Reaction to the Filing of Antitrust Suits: An Aggregate and Cross-Sectional Analysis," The Review of Economics and Statistics, MIT Press, vol. 64(4), pages 686-691, November.
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