Industrial Organization ─ Pearson Edition: Theory and Practice

Written solely for the undergraduate audience, Industrial Organization: Theory and Practice,which features early coverage of Antitrust, punctuates its modern introduction to industrial organization with relevant empirical data and case studies to show students how to apply theoretical tools.

Description
Written solely for the undergraduate audience, Industrial Organization: Theory and Practice–which features early coverage of Antitrust–punctuates its modern introduction to industrial organization with relevant empirical data and case studies to show students how to apply theoretical tools.
Features
Industrial Organization, Fourth Edition by Don E. Waldman and Elizabeth J. Jensen, is written with the needs of the undergraduate student in mind. The authors focus on providing a comprehensive, theoretically up to-date text rich in empirical examples of interest to students.

Theoretical coverage is modern and less rooted in the Structure Conduct Performance approach.
The authors provide up-to-date coverage of merger history, firms’ motives for mergers, and the effects of mergers on competition and welfare, and empirical evidence on mergers.
Case studies and relevant applications help undergraduate students grasp the close connection between theory and the real world, and gain insight into public policy issues such as antitrust, regulation, deregulation, and international trade.
Aimed solely at an undergraduate audience, Waldman/Jensen does not use calculus except rarely in appendices.
 

New to this Edition
Industrial Organization, Fourth Edition by Don E. Waldman and Elizabeth J. Jensen, is written with the needs of the undergraduate student in mind. The authors focus on providing a comprehensive, theoretically up to-date text rich in empirical examples of interest to students.

Don E. Waldman is Richard M. Kessler Professor of Economic Studies at Colgate University USA

Elizabeth Jensen is Christian A. Johnson Excellence in Teaching Professor of Economics at Hamilton College, USA

PART I: THE BASICS OF INDUSTRIAL ORGANIZATION
Chapter 1: Introduction
Chapter 2: The Firm and Its Costs
Chapter 3: Competition and Monopoly
Chapter 4: Market Structure
Chapter 5: Monopoly Practices
Chapter 6: Empirical Industrial Organization
PART II: MODERN INDUSTRIAL ORGANIZATION: GAME THEORY AND STRATEGIC BEHAVIOR
Chapter 7: Game Theory: A Framework for Understanding Oligopolistic Behavior
Chapter 8: The Development of Theory
Chapter 9: Collusion: The Great Prisoner’s Dilemma
Chapter 10: Cartels in Action
Chapter 11: Oligopoly Behavior: Entry and Pricing to Deter Entry
Chapter 12: Oligopoly Behavior: Entry and Nonpricing Strategies to Deter Entry
PART III: BUSINESS PRACTICES
Chapter 13: Product Differentiation
Chapter 14: Advertising
Chapter 15: Price Discrimination
Chapter 16: Vertical Integration and Vertical Relationships
Chapter 17: Regulation and Deregulation