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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... Discrimination . 201 2 Product Selection, Quality, and Advertising 243 1 The Notion of Product Space . . . . . . . . . . . . . . . . . . . . 244 1.1 Vertical Differentiation . . . . . . . . . . . . . . . . . . . . 245 1.2 Horizontal ...
... Discrimination 339 1 Perfect Price Discrimination . . . . . . . . . . . . . . . . . . . . . 345 2 Multimarket (Third-Degree) Price Discrimination . . . . . . . . . 348 2.1 The Inverse-Elasticity Rule Again . . . . . . . . . . . . . 348 ...
... discrimination (chapter 3), and vertical control (chapter 4). A more general concern of these chapters is the exercise of monopoly power. That is, most of the phenomena considered here could be derived even in the presence of ...
... discrimination.) The best-known monopoly distortion, that related to pricing strategy, will be tackled in section 1 ... discriminate” perfectly, as we shall see in chapter 3). We shall recall the main aspects of the pricing behavior 163 ...
... discrimination model. Another example is the first-run movie feature that is shown later on television, as a home ... discrimination is involuntary—the firm would, ex ante, prefer not to be able to discriminate. Further, it can be shown ...