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Uses the tools of game theory, information economics, contracting issues, practical examples, and optional econometric appendices to examine various facets of industrial organization and to enhance students' understanding of the strategic behavior of firms, the structure of markets, and imperfect competition.
List of contents
Part I: Foundations
Chapter 1. Industrial Organization: What, How, and Why?
Chapter 2. Basic Microeconomics
Chapter 3. Market Structure and Market Power
Chapter 4. Technology and Cost
Part II: Monopoly Power in Theory and Practice
Chapter 5. Price Discrimination and Monopoly: Linear Pricing
Chapter 6. Price Discrimination and Monopoly: Non-linear Pricing
Chapter 7. Product Variety and Quality Under Monopoly
Chapter 8. Commodity Bundling and Tie-in Sales
Part III: Oligopoly and Strategic Interaction
Chapter 9. Static Games and Cournot Competition
Chapter 10. Price Competition
Chapter 11. Dynamic Games and First and Second Movers
Part IV: Anticompetitive Strategies
Chapter 12. Limit Pricing and Entry Deterrence
Chapter 13. Predatory Conduct: More Recent Developments
Chapter 14. Price Fixing and Repeated Games
Chapter 15. Collusion: Detection and Public Policy
Part V: Contractual Relations between Firms:.
Chapter 16. Horizontal Mergers.
Chapter 17. Vertical and Conglomerate Mergers
Chapter 18. Vertical Price Restraints
Chapter 19. Nonprice Vertical Restraints
Part VI: Nonprice Competition
Chapter 20. Advertising, Market Power, and Information
Chapter 21. Advertising, Competition, and Brand Names
Chapter 22. Research and Development
Chapter 23. Patents and Patent Policy
Part VII: Networks and Auctions
Chapter 24. Network Issues
Chapter 25. Auctions and Auction Markets
Answers to Practice Problems
Index
