Written by two of the field's most respected researchers, Modern Industrial Organization has the latest theories about the organization of firms and industries.

This market-leading text is fully updated to reflect new trends and topics, and its focus remains strong on providing students with a clear, unified structure for analyzing theories and empirical evidence about the organization of firms and industries.



Table of Contents:

Part 1. Introduction and theory

Ch.1 Overview

Ch.2 The firm and costs

Part 2. Market structures

Ch. 3 Competition

Ch. 4 Monopolies, monopsonies, and dominants firms

Ch. 5 Cartels

Ch. 6 Oligopoly

Ch. 7 Product differentiation and monopolistic competition

Ch. 8 Industry structure and performance

Part 3. Business practices : strategic and conduct

Ch. 9 Price discrimination

Ch. 10 Advanced topics in pricing

Ch. 11 Strategic behavior

Ch. 12 Vertical integration and vertical restrictions

Part 4. Information, advertising, and disclosure

Ch. 13 Information

Ch. 14 Advertising and disclosure

Part 5. Dynamic models and market clearing

Ch. 15 Decision making over Time : durability

Ch. 16 Patents and technological change

Ch. 17 How markets clear : theory and facts



Part 6. Government policies and their effects

Ch. 18 International trade

Ch. 19 Antitrust laws and policy

Ch. 20 Regulation and deregulation