The Theory of Industrial OrganizationMIT Press, 26/08/1988 - 496 من الصفحات 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. |
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... often rested on loose theories, and it emphasized empirical studies of industries. For instance, it was generally found that certain measures of conduct and performance were strongly linked with the market's structure—a 7 Introduction.
... studies preceded the wave of regressions and were made possible by antitrust cases. These case studies led to some informal stories. Regressions offered complementary material on industry behavior.) Those stories, together with ...
... studies of firms or industries (to which one can add the evidence accumulated for antitrust purposes). Although these studies have their own drawbacks, they have yielded many interesting insights. Indeed, IO theorists have often felt ...
... T. 1987b. Empirical Studies of Industries with Market Power. In Handbook of Industrial Organization, ed. R. Schmalensee and R. Willig. Amsterdam: North-Holland, forthcoming. Carlton, D. 1987. The Theory and the Facts of How 35.
... Studies 9: 108–116. Hicks, J. 1946. Value and Capital, second edition. Oxford University Press. Hildenbrand, W. 1983. On the Law of Demand. Econometrica 51: 997–1019. Hopenhayn, H. 1986. A Competitive Stochastic Model of Entry and Exit ...