Dennis W. Carlton, University
of Chicago Jeffrey M. Perloff, University of California, Berkeley
Copyright 2000, 780 pp. Cloth format ISBN 0-321-01145-7
Description
Written by two of the field's
most respected researchers, the third edition of Modern Industrial Organization
provides a unified structure for analyzing theories and empirical evidence about the
organization of firms and industries. It goes beyond the traditional
structure-conduct-performance framework by using the latest advances in microeconomic
theory including transaction cost analysis, game theory, contestability, and information
economics. The third edition includes discussion of recent important applications,
policies, and new theories; new and updated examples to illustrate the role of theory in
current policy debates; substantial condensation of the text proper; a two-color interior
design and two-color figures throughout; and an all-new extensive Companion Web site.
Features
In depth modern coverage,
including strategic behavior and game theory.
Definitive analysis of such
other key advances in microeconomic theory as transaction cost analysis, contestability,
and information theory.
NEW! Up-to-date applications
and discussion of the latest policies and new theories throughout. See, for example, new
coverage of network externalities and bundling.
NEW! Fresh, updated examples
and statistics throughout. Pg. 70
NEW! Substantial condensation
of the entire text, including reduction and combination of Chapters 2 and 3 of the
previous edition. Pg. 11
NEW! Two-color figures and
interior design, clearer and more attractive than previous editions. Pg. 72
NEW! Additions to the
Instructor's Manual: New problems, and an extended section on "Classroom Experiments for
Industrial Organization" by Stanley Reynolds of the University of Arizona.
NEW! Carlton/Perloff
Companion Web site for instructors and students, featuring an extended treatment of topics
covered in the Carlton/Perloff text, Stanley Reynold's "Classroom Experiments for
Industrial Organization", links to other Web sites of interest, a message board, a chat
room, and more!
Table of Contents
I. INTRODUCTION AND
THEORY.
1. Overview.
2. The Firm and Costs.
II. MARKET STRUCTURES.
3. Competition.
4. Monopolies, Monopsonies, and Dominant Firms.
5. Cartels: Oligopoly Joint Decision Making.
6. Noncooperative Oligopoly.
7. Product Differentiation and Monopolistic Competition.
8. Industry Structure and Performance.
III. BUSINESS PRACTICES:
STRATEGIES AND CONDUCT.
9. Price Discrimination.
10. Advanced Topics in Pricing.
11. Strategic Behavior.
12. Vertical Integration and Vertical Restrictions.
IV. INFORMATION,
ADVERTISING, AND DISCLOSURE.
13. Information.
14. Advertising and Disclosure.
V. DYNAMIC MODELS AND
MARKET CLEARING.
15. Decision Making Over
Time: Durability.
16. Patents and Technological Change.
17. How Markets Clear: Theory and Fact.
VI. GOVERNMENT POLICIES
AND THEIR EFFECTS.
18. International Trade.
19. Antitrust Laws and Policy.
20. Regulation and Deregulation.