Industrial Organization

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Industrial organization is a field of economics that studies the strategic behavior of firms, the structure of markets and their interactions. The study of industrial organization adds to the perfectly competitive model real-world frictions such as limited information, transaction cost, cost of adjusting prices, government actions, and barriers to entry by new firms into a market. It then considers how firms are organized and how they compete.Perhaps a most appropriate term is the "Economics of Imperfect Competition". The development of industrial organization as a separate field owed much to Edward Chamberlin, Edward S. Mason and Joe S. Bain.There are two major approaches to the study of industrial organization: the first approach is primarily descriptive and provides an overview of industrial organization. The second, price theory, uses microeconomic models to explain firm behavior and market structure.

Weitere Informationen

  • Allgemeine Informationen
    • GTIN 09786130262587
    • Editor Frederic P. Miller, Agnes F. Vandome, John McBrewster
    • Sprache Englisch
    • Größe H220mm x B150mm x T6mm
    • Jahr 2009
    • EAN 9786130262587
    • Format Fachbuch
    • ISBN 978-613-0-26258-7
    • Titel Industrial Organization
    • Untertitel Industrial organization, Economics, Market, Barriers to entry, Edward Chamberlin, Joe S. Bain, List of important publications in economics, Competition law, Cournot competition, Input-output model
    • Gewicht 179g
    • Herausgeber Alphascript Publishing
    • Anzahl Seiten 108
    • Genre Wirtschaft

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