Industrial Organization:Competition, Strategy and Policy

Industrial Organisation: Competition, Strategy, Policy provides a thorough treatment of the core concepts and theories underlying the economics of industrial organization.

In this new fifth edition, the authors use an array of empirical examples and case studies to analyse the structure, behaviour and performance of firms and industries.

• Part I:  Theoretical Foundations
• 1 Industrial organization: an introduction
• 2 Production, costs, demand and profit maximization
• 3 The neoclassical theory of the firm
• 4 Managerial and behavioural theories of the firm
• 5 Transaction costs, agency and resource-based theories of the firm
• 6. Corporate governance
• Part II:  Structural Analysis of Industry
• 7 Oligopoly: non-collusive models
• 8 Oligopoly: collusive models
• 9 Game Theory
• 10 Concentration: measurement and trends
• 11 Determinants of seller concentration
• 12 Barriers to entry
• 13 Market structure, firm strategy and performance
• Part III:  Analysis of Firm Strategy
• 14 Pricing
• 15 Auctions
• 16 Product differentiation
• 17 Advertising
• 18 Research and development
• 19 Horizontal mergers and strategic alliances
• 20 Vertical integration
• 21 Vertical restraints
• 22 Network goods and services
• 23 Diversification
• Part IV:  Analysis of Public Policy
• 24 Competition policy
• Appendices: Analytical Tools
• Appendix 1 Mathematical methods
• Appendix 2 Econometric methods
• Appendix 3 Solutions to quantitative questions
• Glossary
• Bibliography
• Index