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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... Existence, Uniqueness, and Limit Behavior . . . . . . . . . . . . . . . . . . . . . . . . 562 5.7.2 Capacity-Constrained Price Games . . . . . . . . . . . . . 570 6 Dynamic Price Competition and Tacit Collusion 601 6.1 Conventional ...
... Supplementary Section . . . . . . . . . . . . . . . . . . . . . . . . 1114 11.6.1 Existence of Equilibrium . . . . . . . . . . . . . . . . . . . 1114 11.6.2 Refinements . . . . . . . . . . . . . . . . . . . . . . . . . . 1119 CONTENTS xvii.
... existence of a learning curve, durable versus nondurable good, etc.), preferences and consumer behavior (structure of information about product quality, reputation and brand loyalty, etc.), “exogenous” technological change, and so on.4 ...
... existence of monopoly power on the product market. Indeed, if the product market is perfectly competitive, the private and social interests that are relative to the choice between alternative organizational forms generally coincide.3 ...
... existence of a sales tax. The internalization of transactions avoids the payment of such a tax at the intermediate stage. (This phenomenon does not occur when the tax base is the value added rather than the accumulated value of the ...