We wrote this book to help students learn about industrial organization. As the field of industrial organization has changed over the past two decades, the industrial organization courses we teach at Colgate University and Hamilton College have evolved as well; this book reflects much of what we have learned by teaching. Industrial organization has moved from being primarily empirically oriented to relying more extensively on sophisticated theoretical models. In keeping with this change, this text uses game theory as a unifying method of analysis of firm and industry conduct. Yet, as the transition from an empirical to a theoretical orientation has occurred, we have feared a loss of the valuable empirical tradition on which the field has been built. Over time we have become convinced that our students have learned best when we presented them with both the modern theory of industrial organization and an array of empirical examples of industry behavior and performance.
|Series:||Pearson Custom Business Resources Series|
|Product dimensions:||7.40(w) x 9.10(h) x 1.60(d)|
Table of Contents
I. THE BASICS OF INDUSTRIAL ORGANIZATION.
2. Basic Theory.
3. Objectives of the Firm.
4. Market Concentration.
5. Entry and Exit.
II. MODERN INDUSTRIAL ORGANIZATION: GAME THEORY AND STRATEGIC BEHAVIOR.
7. The Development of Oligopoly Theory.
8. Collusion: The Great Prisoner's Dilemma.
9. Collusion in the Real World: Methods of Achieving Effective Collusion.
10. Oligopoly Behavior: Entry and Pricing to Deter Entry.
11. Oligopoly Behavior: Entry and Non-Pricing Strategies to Deter Entry.
12. Advanced Games of Strategic Deterrence: Limit Pricing and Product Proliferation Models (Advanced Chapter).
III. BUSINESS PRACTICES.
14. Technological Change and Research and Development.
15. Price Discrimination.
16. Vertical Integration and Vertical Relationships.
17. Market Power and Performance: The Empirical Evidence.
IV. PUBLIC POLICY AND INTERNATIONAL TRADE.
19. Antitrust: Collusion.
20. Antitrust: Mergers.
21. Antitrust: Price Discrimination.
22. Public Policy Toward Vertical Restraints of Trade andGroup Boycotts.
23. International Economics and Industrial Organization.
24. Regulation and Deregulation.