Introduction to industrial organization

The MIT Press

2017

x, 430 p.

9780262035941

Contents: What is industrial organization? ; Part 1 : Microeconomics foundations. Consumers ; Firms ; Competition, equilibrium, and efficiency ; Market failure and public policy ; Price discrimination ; Part 2 : Oligopoly. Games and strategies ; Oligopoly ; Collusion and price wars ; Part 3 : Entry and market structure. Market structure ; Horizontal mergers ; Market foreclosure ; Part 4 : Non-price strategies. Vertical relations ; Product differentiation ; Innovation ; Networks

The study of industrial organization (IO) the analysis of the way firms compete with one another has become a key component of economics and of such related disciplines as finance, strategy, and marketing. This book provides an issue-driven introduction to industrial organization. Although formal in its approach, it is written in a way that requires only basic mathematical training. It includes a vast array of examples, from both within and outside the United States. This second edition has been thoroughly updated and revised. In addition to updated examples, this edition presents a more systematic treatment of public policy implications. It features added advanced sections, with analytical treatment of ideas previously presented verbally; and exercises, which allow for a deeper and more formal understanding of each topic. The new edition also includes an introduction to such empirical methods as demand estimation and equilibrium identification.

Английский