The Theory of Industrial Organization (2) (Wolls Lehr- Und Handbücher Der Wirtschafts- Und Sozialwissenschaften Ser.)
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- Synopsis
- The Theory of Industrial Organization is the first primary text to treat the new industrial organization at the advanced-undergraduate and graduate level. Rigorously analytical and filled with exercises coded to indicate level of difficulty, it provides a unified and modern treatment of the field with accessible models that are simplified to highlight robust economic ideas while working at an intuitive level. To aid students at different levels, each chapter is divided into a main text and supplementary section containing more advanced material. Each chapter opens with elementary models and builds on this base to incorporate current research in a coherent synthesis. Tirole begins with a background discussion of the theory of the firm.In Part I he develops the modern theory of monopoly, addressing single product and multi product pricing, static and intertemporal price discrimination, quality choice, reputation, and vertical restraints. In Part II, Tirole takes up strategic interaction between firms, starting with a novel treatment of the Bertrand-Cournot interdependent pricing problem. He studies how capacity constraints, repeated interaction, product positioning, advertising, and asymmetric information affect competition or tacit collusion. He then develops topics having to do with long term competition, including barriers to entry, contestability, exit, and research and development. He concludes with a "game theory user's manual" and a section of review exercises.Important Notice: The digital edition of this book is missing some of the images found in the physical edition.
- Copyright:
- 1988
Book Details
- Book Quality:
- Publisher Quality
- Book Size:
- 496 Pages
- ISBN-13:
- 9780262303781
- Related ISBNs:
- 9780262200714
- Publisher:
- MIT Press
- Date of Addition:
- 12/16/20
- Copyrighted By:
- Massachusetts Institute of Technology
- Adult content:
- No
- Language:
- English
- Has Image Descriptions:
- No
- Categories:
- Nonfiction, Business and Finance
- Grade Levels:
- College Freshman, College Sophomore, College Junior, College Senior
- Submitted By:
- Bookshare Staff
- Usage Restrictions:
- This is a copyrighted book.