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Structure–conduct–performance paradigm
Model in industrial organization economicsThe structure–conduct–performance (SCP) paradigm, first published by economists Edward Chamberlin and Joan Robinson in 1933 and subsequently developed by Joe S. Bain, is a model in industrial organization economics that offers a causal theoretical explanation for firm performance through economic conduct on incomplete markets. This model has had direct influence on subsequent industrial economics models such as Porter's five forces analysis.
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