Industrial Organization: Competition, Strategy and Policy, 5th edition

Published by Pearson (July 13, 2017) © 2017

  • John Lipczynski London Metropolitan University
  • John O.S. Wilson School of management at the University of St. Andrews
  • John Goddard University of Wales, Bangor
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This text enables a thorough and coherent understanding of the core concepts and key topics of industrial organization using a firmly real-world and case-centric approach.

Industrial organization draws upon contributions from a variety of fields of economic inquiry including game theory, information theory, organization theory, agency theory, and transaction cost analysis, as well as the related field of strategic management.

  • Part I:  Theoretical Foundations
  • 1 Industrial organization: an introduction
  • 2 Production, costs, demand and profit maximization
  • 3 The neoclassical theory of the firm
  • 4 Managerial and behavioural theories of the firm
  • 5 Transaction costs, agency and resource-based theories of the firm
  • 6. Corporate governance
  • Part II:  Structural Analysis of Industry
  • 7 Oligopoly: non-collusive models
  • 8 Oligopoly: collusive models
  • 9 Game Theory
  • 10 Concentration: measurement and trends
  • 11 Determinants of seller concentration
  • 12 Barriers to entry
  • 13 Market structure, firm strategy and performance
  • Part III:  Analysis of Firm Strategy
  • 14 Pricing
  • 15 Auctions
  • 16 Product differentiation
  • 17 Advertising
  • 18 Research and development
  • 19 Horizontal mergers and strategic alliances
  • 20 Vertical integration
  • 21 Vertical restraints
  • 22 Network goods and services
  • 23 Diversification
  • Part IV:  Analysis of Public Policy
  • 24 Competition policy
  • Appendices: Analytical Tools
  • Appendix 1 Mathematical methods
  • Appendix 2 Econometric methods
  • Appendix 3 Solutions to quantitative questions
  • Glossary
  • Bibliography
  • Index

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