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Applied Industrial Economics by Louis Phlips, Barry J. Nalebuff, R. Schmalensee

Applied Industrial Economics

by Louis Phlips , Barry J. Nalebuff , R. Schmalensee
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Book cover type: Paperback
  • ISBN13: 9780521629546
  • Binding: Paperback
  • Subject: N/A
  • Publisher: Cambridge University Press
  • Publisher Imprint: Cambridge University Press
  • Publication Date:
  • Pages: 456
  • Original Price: GBP 51.0
  • Language: English
  • Edition: N/A
  • Item Weight: 889 grams
  • BISAC Subject(s): Economics / General

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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