9780262200714-0262200716-The Theory of Industrial Organization (The MIT Press)

The Theory of Industrial Organization (The MIT Press)

3.5
ISBN-13: 9780262200714
ISBN-10: 0262200716
Edition: 1st
Author: Jean Tirole
Publication date: 1988
Publisher: The MIT Press
Format: Hardcover 496 pages
Category: Engineering
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Book details

ISBN-13: 9780262200714
ISBN-10: 0262200716
Edition: 1st
Author: Jean Tirole
Publication date: 1988
Publisher: The MIT Press
Format: Hardcover 496 pages
Category: Engineering

Summary

Acknowledged authors Jean Tirole wrote The Theory of Industrial Organization (The MIT Press) comprising 496 pages back in 1988. Textbook and eTextbook are published under ISBN 0262200716 and 9780262200714. Since then The Theory of Industrial Organization (The MIT Press) textbook received total rating of 3.5 stars and was available to sell back to BooksRun online for the top buyback price of $ 32.75 or rent at the marketplace.

Description

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.

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