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Applied Industrial Economics

Applied Industrial Economics

Paperback

EconomicsLabor

ISBN10: 0521629543
ISBN13: 9780521629546
Publisher: Cambridge University Press
Published: Sep 24 1998
Pages: 456
Weight: 1.96
Height: 1.14 Width: 6.85 Depth: 9.73
Language: English
This book is an important collection of papers published over the past ten years in American and European journals. Part 1 explains market structure as a function of sunk costs and market size. Part 2 illustrates the central role of pricing schemes (including parallel pricing, delivered pricing and competition clauses) in sustaining equilibrium outcomes in oligopolistic markets. Parts 3 and 4 give a game-theoretic foundation to competition policy and merger control. Louis Phlips offers a comprehensive introduction to the text in which he very carefully explains the reasoning behind his choice of papers, and provides a superb synthesis of the material.

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Economics