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Industrial organization = practice exercises with answer keys /

Record Type:	Language materials, printed : Monograph/item
Title/Author:	Industrial organization/ by Pak-Sing Choi, Eric Dunaway, Felix Munoz-Garcia.
Reminder of title:	practice exercises with answer keys /
Author:	Choi, Pak-Sing.
other author:	Dunaway, Eric.
Published:	Cham :Springer International Publishing : : 2023.,
Description:	xv, 671 p. :illustrations, digital ; : 24 cm.;
Contained By:	Springer Nature eBook
Subject:	Industrial organization (Economic theory) -
Online resource:	https://doi.org/10.1007/978-3-031-38635-0
ISBN:	9783031386350

Industrial organization = practice exercises with answer keys /
Choi, Pak-Sing.

Industrial organizationpractice exercises with answer keys /[electronic resource] :by Pak-Sing Choi, Eric Dunaway, Felix Munoz-Garcia. - Second edition. - Cham :Springer International Publishing :2023. - xv, 671 p. :illustrations, digital ;24 cm. - Springer texts in business and economics,2192-4341. - Springer texts in business and economics..

1. Monopoly -- 2. Simultaneous quantity competition -- 3. Simultaneous price competition -- 4. Sequential competition -- 5. Regulating imperfectly competitive markets -- 6. R&D incentives -- 7. Mergers and Collusion -- 8. Bundling incentives -- 9. Incomplete information, signaling, and competition -- 10. Networks and switching costs.

Revised and updated for the second edition, this textbook presents over 100 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 and exercises helping predict firm behavior in different industries. The 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. The second edition contains additional exercises optimized for study at the upper undergraduate level. 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.

ISBN: 9783031386350

Standard No.: 10.1007/978-3-031-38635-0doiSubjects--Topical Terms:

557008
Industrial organization (Economic theory)

LC Class. No.: HD2326

Dewey Class. No.: 338

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520 $a Revised and updated for the second edition, this textbook presents over 100 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 and exercises helping predict firm behavior in different industries. The 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. The second edition contains additional exercises optimized for study at the upper undergraduate level. 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.
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