Industrial Organization : Contemporary Theory and Empirical Applications
Industrial Organization : Contemporary Theory and Empirical Applications
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Author(s): Pepall, Lynne
ISBN No.: 9781405176323
Edition: Revised
Pages: 736
Year: 200801
Format: Trade Cloth (Hard Cover)
Price: $ 157.25
Status: Out Of Print

List of Figures List of Tables About the Authors Preface to the Fourth Edition Part I: Foundations:1. Industrial Organization: What, How, and Why? 1.1 What Is Industrial Organization? 1.2 How We Study Industrial Organization 1.3 Why? Antitrust and Industrial Organization Theory Summary Problems References Appendix: Excerpts from Key Antitrust Statutes 2. Basic Microeconomics 2.1 Competition versus Monopoly: The Poles of Market Performance 2.2 Profit Today versus Profit Tomorrow: Firm Decision-making over Time 2.


3 Efficiency, Surplus, and Size Relative to the Market Summary Problems References 3. Market Structure and Market Power 3.1 Measuring Market Structure 3.2 Measuring Market Power 3.3 Empirical Application: Monopoly Power-How Bad Is It? Summary Problems References 4. Technology and Cost 4.1 Production Technology and Cost Functions for the Single-product Firms 4.2 Sunk Cost and Market Structure 4.


3 Costs and Multiproduct Firms 4.4 Noncost Determinants of Industry Structure 4.5 Empirical Application: Cost Function Estimation-Scale and Scope Economies Summary Problems References Part II: Monopoly Power in Theory and Practice:5. Price Discrimination and Monopoly: Linear Pricing 5.1 Feasibility of Price Discrimination 5.2 Third-degree Price Discrimination or Group Pricing 5.3 Implementing Third-degree Price Discrimination or Group Pricing 5.4 Product Variety and Third-degree Price Discrimination or Group Pricing 5.


5 Third-degree Price Discrimination or Group Pricing and Social Welfare Summary Problems References 6. Price Discrimination and Monopoly: Non-linear Pricing 6.1 First-degree Price Discrimination or Personalized Pricing 6.2 Second-degree Price Discrimination or Menu Pricing 6.3 Social Welfare with First- and Second-degree Price Discrimination Summary Problems References 7. Product Variety and Quality Under Monopoly 7.1 A Spatial Approach to Horizontal Product Differentiation 7.2 Monopoly and Horizontal Differentiation 7.


3 Is There Too Much Product Variety? 7.4 Monopoly and Horizontal Differentiation with Price Discrimination 7.5 Vertical Product Differentiation 7.6 Empirical Application: Price Discrimination, Product Variety, and Monopoly versus Competition Summary Problems References Appendix A: Location Choice with Two Shops Appendix B: The Monopolist's Choice of Price When Her Shops Have Different Costs 8. Commodity Bundling and Tie-in Sales 8.1 Commodity Bundling and Price Discrimination 8.2 Required Tie-in Sales 8.3 Complementary Goods, Network Externalities, and Monopoly Pricing 8.


4 Antitrust, Bundling, and Tie-in Sales Summary Problems References Appendix: Formal Proof on the Inefficiency Induced by the Marketing of Complementary Goods by Separate Monopolists Part III: Oligopoly and Strategic Interaction:9. Static Games and Cournot Competition 9.1 Strategic Interaction: Introduction to Game Theory 9.2 Dominant and Dominated Strategies 9.3 Nash Equilibrium as a Solution Concept 9.4 Static Models of Oligopoly: The Cournot Model 9.5 Variations on the Cournot Theme: Many Firms and Different Costs 9.6 Concentration and Profitability in the Cournot Model Summary Problems References 10.


Price Competition 10.1 The Bertrand Duopoly Model 10.2 Bertrand Reconsidered 10.3 Bertrand in a Spatial Setting 10.4 Strategic Complements and Substitutes 10.5 Empirical Application: Brand Competition and Consumer Preferences-Evidence from the California Retail Gasoline Market Summary Problems References 11. Dynamic Games and First and Second Movers 11.1 The Stackelberg Model of Quantity Competition 11.


2 Sequential Price Competition 11.3 Credibility of Threats and Na.


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