Handbook of Industrial Organization Volume 1 (Handbook of Industrial Organization)

This handbook serves as a source, reference, and teaching supplement for industrial organization (or industrial economics), the broad field within microeconomics that focuses on business behavior and its implications both for market structures and processes, and for public policies towards them. Comprehensive and up-to-date surveys are provided of recent developments and the state of knowledge in the major areas of research in this field as of the latter part of the 1980's, written at a level suitable for use by non-specialist economists and students on advanced graduate courses. Each chapter can be read independently, although they are organized into sections. Content: Introduction to the series Page v Kenneth J. Arrow, Michael D. Intriligator Contents of the handbook Pages vii-ix Preface to the handbook Pages xi-xvi Richard Schmalensee, Robert D. Willig Chapter 1 Technological determinants of firm and industry structure Review Article Pages 3-59 John C. Panzar Chapter 2 The theory of the firm Review Article Pages 61-133 Bengt R. Holmstrom, Jean Tirole Chapter 3 Transaction cost economics Review Article Pages 135-182 Oliver E. Williamson Chapter 4 Vertical integration: Determinants and effects Review Article Pages 183-255 Martin K. Perry Chapter 5 Noncooperative game theory for industrial organization: An introduction and overview Review Article Pages 259-327 Drew Fudenberg, Jean Tirole Chapter 6 Theories of oligopoly behavior Review Article Pages 329-414 Carl Shapiro Chapter 7 Cartels, collusion, and horizontal merger Review Article Pages 415-473 Alexis Jacquemin, Margaret E. Slade Chapter 8 Mobility barriers and the value of incumbency Review Article Pages 475-535 Richard J. Gilbert Chapter 9 Predation, monopolization, and antitrust Review Article Pages 537-596 Janusz A. Ordover, Garth Saloner Chapter 10 Price discrimination Review Article Pages 597-654 Hal R. Varian Chapter 11 Vertical contractual relations Review Article Pages 655-721 Michael L. Katz Chapter 12 Product differentiation Review Article Pages 723-768 B. Curtis Eaton, Richard G. Lipsey Chapter 13 Imperfect information in the product market Review Article Pages 769-847 Joseph E. Stiglitz Chapter 14 The timing of innovation: Research, development, and diffusion Review Article Pages 849-908 Jennifer F. Reinganum Chapter 15 The theory and the facts of how markets clear: Is industrial organization valuable for understanding macroeconomics? Review Article Pages 909-946 Dennis W. Carlton Index Pages 947-947l