Introduction to industrial organization / Luis M.B. Cabral.

Includes bibliographical references and index.

What is industrial organization? -- Part one. Microeconomics foundations. Consumers -- Firms -- Competition, equilibrium, and efficiency -- Market failure and public policy -- Price discrimination -- Part two. Oligopoly. Games and strategies -- Oligopoly -- Collusion and price wars -- Part three. Entry and market structure. Market structure -- Horizontal mergers -- Market foreclosure -- Part four. Non-price strategies. Vertical relations -- Product differentiation -- Innovation -- Networks.

The study of industrial organization (IO) the analysis of the way firms compete with one another has become a key component of economics and of such related disciplines as finance, strategy, and marketing. This book provides an issue-driven introduction to industrial organization. Although formal in its approach, it is written in a way that requires only basic mathematical training. It includes a vast array of examples, from both within and outside the United States. This second edition has been thoroughly updated and revised. In addition to updated examples, this edition presents a more systematic treatment of public policy implications. It features added advanced sections, with analytical treatment of ideas previously presented verbally; and exercises, which allow for a deeper and more formal understanding of each topic. The new edition also includes an introduction to such empirical methods as demand estimation and equilibrium identification. --