Industrial Organization in Context

Industrial Organization in Context

• Emphasises the policy questions implicit in Industrial Organization, examining both EU Competition Policy and US Antitrust, making the book suitable for policy-oriented modules.
• Economic history and the history of economic thought are discussed, where relevant, so that students can understand where we are today by appreciating how we got here.
• Discussion of experimental tests of economic models makes it possible to incorporate classroom tests into modules.
• Classic and contemporary examples are used throughout and are designed to show the key theories examined in the book in action.
Industrial Organization is a central branch of microeconomics that has historically provoked a great deal of debate among economists. Steve Martin draws on this debate and economic history in order to examine the economics of markets, industries and their participants and in doing so addresses the implications for public policy towards business behaviour.

Industrial Organization in Context leads students through the essential concepts that are central to understanding the strategic behaviour of firms and the policy questions at the heart of Industrial Organization. It takes an international approach, examining both US Antitrust and EU Competition Policy and their development. Classic and contemporary examples serve to illustrate the theory and experimental tests of models help students to study economic questions.

Contents

1: Introduction
2: Basic Market Models
3: Oligopoly I: Basic Models
4: Oligopoly II: Address Models
5: Oligopoly III: Evidence
6: Collusion: Economics
7: Dominant Firms
8: Price Discrimination
9: Market Structure
10: Firms and Firm Structure
11: Mergers
12: Interfirm Contracts
13: Advertising, Information, and Sales
14: Innovation
15: Promoting Innovation
16: Imperfectly Competitive International Markets
17: Market Integration in the European Union
18: U.S. Antitrust: Background
19: EU Competition Policy: Background
20: Collusion and Cooperation: Public Policy
21: Monopolization and Dominance
22: Merger Policy
23: Public Policy Toward Price Discrimination
24: Vertical Restraints
25: Antitrust, Competition Policy, and Intellectual Property
26: Are Antitrust and Competition Policy Worth It?
Appendices
Appendix I: Industry Classification Schemes
Appendix II: Just the Math Used in this Book
References