The Theory of Industrial Organization by Tirole Jean

The Theory of Industrial Organization by Tirole Jean

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The Theory of Industrial Organization by Tirole Jean

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 I, 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.

Tirole, Jean: - Jean Tirole, the 2014 Nobel Laureate in Economics, is Scientific Director of IDEI (Institut d'Economie Industrielle), Chairman of the Board of TSE (Toulouse School of Economics), and Annual Visiting Professor of Economics at MIT.
SKU Unavailable
ISBN 13 9788120310490
ISBN 10 8120310497
Title The Theory of Industrial Organization
Author Tirole Jean
Series Business
Condition Unavailable
Binding Type Paperback
Publisher Prentice-Hall of India Pvt.Ltd
Year published 2019-05-01
Number of pages 496
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
Note Unavailable