Introduction to Industrial Organization second edition (Mit Press)

About this book

An issue-driven introduction to industrial organization thoroughly updated and revised. The study of industrial organization (IO)the analysis of the way firms compete with one anotherhas become a key component of economics and of such related disciplines as finance strategy and marketing. This book provides an issue-driven introduction to industrial organization. Although formal in its approach it is written in a way that requires only basic mathematical training. It includes a vast array of examples from both within and outside the United States. This second edition has been thoroughly updated and revised. In addition to updated examples this edition presents a more systematic treatment of public policy implications. It features added advanced sections with analytical treatment of ideas previously presented verbally; and exercises which allow for a deeper and more formal understanding of each topic. The new edition also includes an introduction to such empirical methods as demand estimation and equilibrium identification. Supplemental material is available online.