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List of Figures | |
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List of Tables | |
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About the Authors | |
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Preface to the Fourth Edition | |
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Foundations | |
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Industrial Organization: What, How, and Why? | |
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What Is Industrial Organization? | |
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How We Study Industrial Organization | |
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Why? Antitrust and Industrial Organization Theory Summary Problems References Appendix: Excerpts from Key Antitrust Statutes | |
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Basic Microeconomics | |
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Competition versus Monopoly: The Poles of Market Performance | |
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Profit Today versus Profit Tomorrow: Firm Decision-making over Time | |
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Efficiency, Surplus, and Size Relative to the Market Summary Problems References | |
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Market Structure and Market Power | |
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Measuring Market Structure | |
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Measuring Market Power | |
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Empirical Application: Monopoly Power-How Bad Is It? Summary Problems References | |
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Technology and Cost | |
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Production Technology and Cost Functions for the Single-product Firms | |
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Sunk Cost and Market Structure | |
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Costs and Multiproduct Firms | |
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Noncost Determinants of Industry Structure | |
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Empirical Application: Cost Function Estimation-Scale and Scope Economies Summary Problems References | |
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Monopoly Power in Theory and Practice | |
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Price Discrimination and Monopoly: Linear Pricing | |
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Feasibility of Price Discrimination | |
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Third-degree Price Discrimination or Group Pricing | |
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Implementing Third-degree Price Discrimination or Group Pricing | |
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Product Variety and Third-degree Price Discrimination or Group Pricing | |
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Third-degree Price Discrimination or Group Pricing and Social Welfare Summary Problems References | |
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Price Discrimination and Monopoly: Non-linear Pricing | |
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First-degree Price Discrimination or Personalized Pricing | |
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Second-degree Price Discrimination or Menu Pricing | |
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Social Welfare with First- and Second-degree Price Discrimination Summary Problems References | |
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Product Variety and Quality Under Monopoly | |
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A Spatial Approach to Horizontal Product Differentiation | |
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Monopoly and Horizontal Differentiation | |
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Is There Too Much Product Variety? | |
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Monopoly and Horizontal Differentiation with Price Discrimination | |
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Vertical Product Differentiation | |
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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 | |
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Commodity Bundling and Tie-in Sales | |
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Commodity Bundling and Price Discrimination | |
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Required Tie-in Sales | |
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Complementary Goods, Network Externalities, and Monopoly Pricing | |
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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 | |
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Oligopoly and Strategic Interaction | |
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Static Games and Cournot Competition | |
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Strategic Interaction: Introduction to Game Theory | |
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Dominant and Dominated Strategies | |
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Nash Equilibrium as a Solution Concept | |
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Static Models of Oligopoly: The Cournot Model | |
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Variations on the Cournot Theme: Many Firms and Different Costs | |
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Concentration and Profitability in the Cournot Model Summary Problems References | |
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Price Competition | |
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The Bertrand Duopoly Model | |
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Bertrand Reconsidered | |
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Bertrand in a Spatial Setting | |
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Strategic Complements and Substitutes | |
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Empirical Application: Brand Competition and Consumer Preferences-Evidence from the California Retail Gasoline Market Summary Problems References | |
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Dynamic Games and First and Second Movers | |
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The Stackelberg Model of Quantity Competition | |
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Sequential Price Competition | |
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Credibility of Threats and Na | |