6th Edition

Industrial Organization Theory and Practice

898 Pages 141 Color & 25 B/W Illustrations
by Routledge

898 Pages 141 Color & 25 B/W Illustrations
by Routledge

898 Pages 141 Color & 25 B/W Illustrations
by Routledge

Industrial Organization: Theory and Practice blends a rigorous theoretical introduction to industrial organization with empirical evidence, real-world applications, and case studies. It also supports students with a range of theoretical and applied problems and exercises. This balanced approach has earned the book its place as one of the leading undergraduate texts on industrial organization.... Read more

PART I: THE BASICS OF INDUSTRIAL ORGANIZATION 1. Introduction 2. The Firm and Its Costs 3. Competition and Monopoly 4. Market Structure 5. Mergers PART II: FOUNDATIONAL MODELS OF INDUSTRIAL ORGANIZATION 6. Game Theory 7. Oligopoly Models 8. Dominant Firms and Platform Markets PART III: MODELS OF CONDUCT AND PERFORMANCE 9. Price Discrimination 10. Product Differentiation 11. Advertising 12. Vertical Relationships 13. Collusion 14. Entry and Price Deterrence 15. Entry and Nonprice Deterrence 16. Technological Change and Research and Development PART IV: PUBLIC POLICY AND GLOBALIZATION ISSUES 17. Antitrust: Market Power 18. Antitrust: Collusive Behavior 19. Antitrust: Mergers and Acquisitions 20. Antitrust: Price Discrimination, Predatory Pricing, and Vertical Restraints 21. International Economics and Industrial Organization 22. Regulation and Deregulation. Appendix: Empirical Industrial Organization. Answers to Odd-Numbered Problems.

Biography

Don E. Waldman is Richard M. Kessler Professor Emeritus of Economic Studies at Colgate University, USA.

Elizabeth J. Jensen is Professor Emerita of Economics at Hamilton College, USA.

Qi Ge is Associate Professor of Economics at Vassar College, USA.

“I have been using Waldman and Jensen for my undergraduate IO course since the 3rd edition. It is by far the best on the market, combining a healthy mix of rigorous IO theory with real-life applications and case studies.”

-Wei Zhang, Assistant Professor, Department of Economics, Norther Illinois University, US.

"The 6th edition is an excellent textbook for undergraduate students as it provides a very-well structured and easily understandable introduction to the key issues of Industrial Organization. It explains complex theoretical and conceptual aspects of industrial organization by proving empirical data and illustrative case studies. This updated edition includes new concepts and examples as well as a very useful supplementary digital resource package. I wholeheartedly congratulate Professors Don E. Waldman, Elizabeth J. Jensen, Qi Ge on the latest edition of their great work. I recommend this textbook to all undergraduate students without any reservations."

Oktay F. Tanrisever, Professor, Department of International Relations, Middle East Technical University, Turkey.