The Theory of Industrial Organization

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MIT Press, 1988 M08 26 - 496 páginas
The Theory of Industrial Organization is the first primary text to treat the new industrial organization at the advanced-undergraduate and graduate level. Rigorously analytical and filled with exercises coded to indicate level of difficulty, it provides a unified and modern treatment of the field with accessible models that are simplified to highlight robust economic ideas while working at an intuitive level. To aid students at different levels, each chapter is divided into a main text and supplementary section containing more advanced material. Each chapter opens with elementary models and builds on this base to incorporate current research in a coherent synthesis. Tirole begins with a background discussion of the theory of the firm.

In Part I he develops the modern theory of monopoly, addressing single product and multi product pricing, static and intertemporal price discrimination, quality choice, reputation, and vertical restraints. In Part II, Tirole takes up strategic interaction between firms, starting with a novel treatment of the Bertrand-Cournot interdependent pricing problem. He studies how capacity constraints, repeated interaction, product positioning, advertising, and asymmetric information affect competition or tacit collusion. He then develops topics having to do with long term competition, including barriers to entry, contestability, exit, and research and development. He concludes with a "game theory user's manual" and a section of review exercises.

Important Notice: The digital edition of this book is missing some of the images found in the physical edition.

Dentro del libro

Contenido

I
9
235
59
Introduction
63
3
76
Product Selection Quality
95
Quality and Information
106
5
110
Advertising
115
Reputation for Friendly Behavior
256
Dynamic Games
262
Answers and Hints
271
1
278
Monopolistic Competition
287
4
295
References
302
1
306

6
116
References
129
1
135
Personal Arbitrage and Screening Second
142
4
152
References
166
Answers and Hints
234
Conventional Wisdom Factors Facilitating
240
5
314
6
338
References 419
356
7
377
Answers and Hints
384
2
390
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Jean Tirole, the 2014 Nobel Laureate in Economics, is Scientific Director of IDEI (Institut d'Economie Industrielle), Chairman of the Board of TSE (Toulouse School of Economics), and Annual Visiting Professor of Economics at MIT.

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