Through an effective blend of analysis and examples, this text integrates the game theory revolution with the traditional understanding of imperfectly competitive markets.
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Unique Approach: An emphasis on strategic behavior as an organizing principle for understanding non-price competition. There are separate, chapter-length, treatments of strategic behavior, entry deterrence, two-stage games, advertising, product differentiation, and R&D.
Current Coverage: Comprehensive coverage and extended treatments of such recent developments as incomplete contracts, property rights, and the boundaries of the firm; durable goods monopoly; nonlinear pricing; address models of product differentiation; supergames, tacit collusion, and facilitating practices; the new empirical industrial organization; the efficient component pricing rule and access pricing; regulatory and industry restructuring in network industries; and regulation under asymmetric information.
Anti-Trust Emphasis: An unmistakable and unique emphasis on antitrust, from using antitrust cases to illustrate theory to separate, up-to-date chapter-length treatments of market definition, raising rivals' costs, predatory pricing, horizontal mergers, and vertical restraints.
Illustrative Models and Graphs: An accessible development and presentation of theory through the use of simple explicit functional forms, numeric examples, and/or graphical interpretations. The text works through the details of simplified models, the logic of the arguments, and the conclusions. The approach is rigorous without using mathematics beyond that of high school algebra. A prior course in intermediate microeconomics is an advantage but not a requirement.
Numerous Case Studies and Examples: The applicability and power of theory in understanding firm behavior and market outcomes is established with extensive case studies and examples, all integrated into the discussion in a way that enables students to make the leap from theory to practice.
Pedagogy: Careful attention to pedagogy and extensive efforts to make the study of industrial organization interesting and rewarding. Extensive pedagogy includes chapter-opening vignettes; key terms; 2-color diagrams; integrated cases, examples, and numeric exercises; suggestions for further reading that provide detailed guides to the literature and frontier developments; and extensive end-of-chapter materials'summaries, problems, and discussion questions.
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Book Description McGraw-Hill Publishing Co., 2000. Paperback. Book Condition: Very Good. Industrial Organization: A Strategic Approach (Management & Organizations) This book is in very good condition and will be shipped within 24 hours of ordering. The cover may have some limited signs of wear but the pages are clean, intact and the spine remains undamaged. This book has clearly been well maintained and looked after thus far. Money back guarantee if you are not satisfied. See all our books here, order more than 1 book and get discounted shipping. . Bookseller Inventory # 7719-9780071166454
Book Description McGraw-Hill Publishing Co., 2000. Paperback. Book Condition: Acceptable. May contain light to heavy markings, water damage, binding damage, missing CDs, and heavy wear and tear. Contains all pages. International Customers: Items over 3 lbs may incur additional shipping charges. Bookseller Inventory # mon0000819231
Book Description McGraw-Hill Publishing Co. Book Condition: Good. A copy that has been read, but remains in clean condition. All pages are intact, and the cover is intact (including dust cover, if applicable). The spine and cover may show signs of wear. Pages can include limited notes and highlighting, and the copy can This item was a donation to Goodwill of Greater Washington. Thanks for your order from Goodwill of Greater Washington. Bookseller Inventory # C-03-09200
Book Description McGraw-Hill Publishing Co., 2000. Paperback. Book Condition: Good. Good condition, some are ex-library and can have markings. Bookseller Inventory # GD-003-95-7386007