000 02322nam a22002297a 4500
999 _c2996
_d2996
005 20220716154720.0
008 220716b ||||| |||| 00| 0 eng d
020 _a9783030572860
082 _a338
_bCHO
100 _aChoi, Pak-Sing
_97652
245 _aIndustrial organization: practice exercises with answer keys
260 _bSpringer
_aSwitzerland
_c2021
300 _axiv, 441 p.
365 _aEURO
_b69.99
520 _aAbout this book This textbook presents exercises on industrial organization with detailed answer keys. While most textbooks on industrial organization focus on theory and empirical findings, this textbook offers practical examples that predict firm behavior in different industries. This book emphasizes the game-theoretic tools used in each type of exercise, so students can systematically apply them to other markets, forms of competition, or information environments where firms, consumers, and regulating agencies interact. The book begins with examples that analyze different models of firm behavior and interaction; starting with monopoly and moving through the Cournot model of simultaneous quantity competition, the Bertrand model simultaneous price competition, and sequential competition. The following chapters apply game-theoretic tools to situations of increasing complexity: regulation; R&D incentives; mergers and collusion; bundling incentives; incomplete information, signaling, and competition; networks and switching costs. In addition to providing algebraic simplifications, some chapters also offer the unique feature of worked exercises based on published journal articles by leading scholars in the field. Finally, exercises are ranked according to their difficulty, with a letter (A-C) next to the exercise number, which allows students to pace their studies and instructors to structure their classes accordingly. Providing a rigorous, yet practical introduction to the field of industrial organization, this textbook is appropriate for advanced undergraduate and graduate students in economics and finance.
650 _aIndustrial organization (Economic theory)
_91974
650 _aIndustrial organization
_9631
650 _aEconomics--Psychological aspects
_91925
700 _aDunaway, ; Eric
_97653
856 _uMuñoz-Garcia, Felix
942 _2ddc
_cBK