Industrial Organization: A Strategic ApproachIrwin McGraw Hill, 2000 - 926 páginas Through an effective blend of analysis and examples this text integrates the game theory revolution with the traditional understanding of imperfectly competitive markets. The book's focus is on strategic competition and how firms can shelter their market power and economic profits from competitors. This focus establishes the intellectual foundation for determining business practices that warrant antitrust examination and prohibition and underlines recent activist antitrust policy. The author's stress an integrated understanding of industrial organization and the development of students' analytical abilities. |
Contenido
Introduction | 3 |
The Welfare Economics of Market Power | 19 |
Theory of the Firm | 49 |
Derechos de autor | |
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Industrial Organization: A Strategic Approach Jeffrey R. Church,Roger Ware Sin vista previa disponible - 2000 |
Términos y frases comunes
advertising agreement antitrust assets average cost barriers to entry behavior Bertrand Bertrand game best-response function brand buyer capacity Chapter collusive competition competitors consumer surplus contract cost function Cournot equilibrium deadweight loss demand curve deter entry determine discount dominant firm downstream economic profits economies of scale effect efficient elasticity of demand entrant entry barriers entry deterrence equal equilibrium price example Figure firm 1's firm's fixed costs incentive increase Industrial Organization innovation input investment Journal of Economics k₁ Lerner index marginal cost marginal revenue market power market share maximize merger monopolist Nash equilibrium natural monopoly number of firms oligopoly optimal output p₁ payoff period player postentry predatory pricing price discrimination product differentiation profit-maximizing q₁ quantity quasi-rents Ramsey pricing reduce regulation regulatory requires result retail rival strategy subgame substitutes sunk supplier supply Suppose theory total surplus trade two-part tariff unit zero