Industrial Economics and Organization by Donald A Hay

Industrial Economics and Organization by Donald A Hay

Intended as a text for advanced undergraduate and graduate students specializing in industrial economics. This book gives a comprehensive review of recent theoretical and empirical works, emphasizing the need to relate the two in a subject where they have often been separated. The particular innovation of the text is the integration of traditional analysis of the effect of market structure on performance with analysis of the behaviour of large diversified firms that act to change market structures over time. Other features include the book's exposition of the theory of growth of the firm, the detailed discussion of goals, the treatment of finance and investment and the consideration of optimal resource allocation under uncertainty. This new edition reflects the latest theoretical developments in the field. It includes a new chapter on vertical integration and price discrimination, covers all the recent oligopolistic theory and provides a full analysis of individual firms' behaviour and control with new explanation of the principle-agent problem. It also includes all the new strategic entry deterrence and contestability literature.

Hay, Donald: - Donald A. Hay is a Fellow of Jesus College, Oxford and Head of the Division of Social Sciences at the University of Oxford.
Alan Kreider is former Director of the Centre for the Study of Christianity and Culture, Regent's Park College, Oxford.

SKU	Unavailable
ISBN 13	9780198773023
ISBN 10	0198773021
Title	Industrial Economics and Organization
Author	Donald A Hay
Condition	Unavailable
Binding Type	Paperback
Publisher	Oxford University Press
Year published	1991-12-01
Number of pages	699
Cover note	Book picture is for illustrative purposes only, actual binding, cover or edition may vary.