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This text enables a thorough and coherent understanding of the core concepts and key topics of industrial organisation using a firmly real-world and case-centric approach. Industrial organisation draws upon contributions from a variety of fields of economic inquiry including game theory, information theory, organisation theory, agency theory, and transaction cost analysis, as well as the related field of strategic management. The full text downloaded to your computer With eBooks you can: search for key concepts, words and phrases make highlights and notes as you study share your notes with friends eBooks are downloaded to your computer and accessible either offline through the Bookshelf (available as a free download), available online and also via the iPad and Android apps. Upon purchase, you'll gain instant access to this eBook. Time limit The eBooks products do not have an expiry date. You will continue to access your digital ebook products whilst you have your Bookshelf installed.

Industrial Organization

• Title Page


• Copyright Page


• Contents


• Preface


• Acknowledgements


• Part I: Theoretical Foundations


• 1 Industrial organization: an introduction


• 1.1 Introduction


• 1.2 Static and dynamic views of competition


• 1.3 The structure?conduct?performance paradigm


• 1.4 Strategic management: a short diversion


• Discussion questions


• Further reading


• 2 Production, costs, demand and profit maximization


• 2.1 Introduction


• 2.2 Production and costs


• 2.3 Demand, revenue, elasticity and profit maximization


• 2.4 Summary


• Discussion questions


• Computational questions


• Further reading


• 3 The neoclassical theory of the firm


• 3.1 Introduction


• 3.2 The neoclassical theory of the firm: historical development


• 3.3 Theories of perfect competition and monopoly


• 3.4 Efficiency and welfare properties of perfect competition and monopoly


• 3.5 Theory of monopolistic competition


• 3.6 Summary


• Discussion questions


• Computational questions


• 4 Managerial and behavioural theories of the firm


• 4.1 Introduction


• 4.2 Critique of the neoclassical theory of the firm


• 4.3 Separation of ownership from control: managerial theories of the firm


• 4.4 The behavioural theory of the firm


• 4.5 Summary


• Discussion questions


• Further reading


• 5 Transaction costs, agency and resource-based theories of the firm


• 5.1 Introduction


• 5.2 The Coasian firm


• 5.3 Transaction costs and the theory of the firm


• 5.4 Agency theory


• 5.5 Property rights and the theory of the firm


• 5.6 The resource-based theory of the firm


• 5.7 Summary