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Industrial Organization
Practice Exercises with Answer Keys
Taschenbuch von Pak-Sing Choi (u. a.)
Sprache: Englisch

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Beschreibung
This textbook presents 122 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 behaviour 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 analyse 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, signalling, 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.
This textbook presents 122 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 behaviour 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 analyse 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, signalling, 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.
Über den Autor

Pak-Sing Choi is assistant professor of economics at the Graduate Institute of Industrial Economics of National Central University, Taiwan. His research focuses on the effect of environmental regulation on industrial organization under asymmetric information.

Eric Dunaway is assistant professor of economics at Wabash College (US). His research focuses on industrial organization, game theory, behavioral and public economics.

Felix Munoz-Garcia is professor of economics at Washington State University (US). His research focuses on industrial organization, game theory, and their applications to environmental regulation in contexts where firms, government agencies, or both, are imperfectly informed.

Zusammenfassung

Presents 122 worked-out exercises on industrial organization

Provides algebra support and step-by-step calculations

Includes exercises based on foundational journal articles

Ranks exercises according to difficulty for self-guided study

Inhaltsverzeichnis
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
Details
Erscheinungsjahr: 2022
Fachbereich: Volkswirtschaft
Genre: Wirtschaft
Rubrik: Recht & Wirtschaft
Medium: Taschenbuch
Seiten: 456
Reihe: Springer Texts in Business and Economics
Inhalt: xiv
441 S.
4 s/w Illustr.
58 farbige Illustr.
441 p. 62 illus.
58 illus. in color.
ISBN-13: 9783030572860
ISBN-10: 3030572862
Sprache: Englisch
Ausstattung / Beilage: Paperback
Einband: Kartoniert / Broschiert
Autor: Choi, Pak-Sing
Muñoz-Garcia, Felix
Dunaway, Eric
Auflage: 1st ed. 2021
Hersteller: Springer International Publishing
Springer International Publishing AG
Springer Texts in Business and Economics
Maße: 254 x 178 x 25 mm
Von/Mit: Pak-Sing Choi (u. a.)
Erscheinungsdatum: 07.01.2022
Gewicht: 0,851 kg
preigu-id: 120927880
Über den Autor

Pak-Sing Choi is assistant professor of economics at the Graduate Institute of Industrial Economics of National Central University, Taiwan. His research focuses on the effect of environmental regulation on industrial organization under asymmetric information.

Eric Dunaway is assistant professor of economics at Wabash College (US). His research focuses on industrial organization, game theory, behavioral and public economics.

Felix Munoz-Garcia is professor of economics at Washington State University (US). His research focuses on industrial organization, game theory, and their applications to environmental regulation in contexts where firms, government agencies, or both, are imperfectly informed.

Zusammenfassung

Presents 122 worked-out exercises on industrial organization

Provides algebra support and step-by-step calculations

Includes exercises based on foundational journal articles

Ranks exercises according to difficulty for self-guided study

Inhaltsverzeichnis
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
Details
Erscheinungsjahr: 2022
Fachbereich: Volkswirtschaft
Genre: Wirtschaft
Rubrik: Recht & Wirtschaft
Medium: Taschenbuch
Seiten: 456
Reihe: Springer Texts in Business and Economics
Inhalt: xiv
441 S.
4 s/w Illustr.
58 farbige Illustr.
441 p. 62 illus.
58 illus. in color.
ISBN-13: 9783030572860
ISBN-10: 3030572862
Sprache: Englisch
Ausstattung / Beilage: Paperback
Einband: Kartoniert / Broschiert
Autor: Choi, Pak-Sing
Muñoz-Garcia, Felix
Dunaway, Eric
Auflage: 1st ed. 2021
Hersteller: Springer International Publishing
Springer International Publishing AG
Springer Texts in Business and Economics
Maße: 254 x 178 x 25 mm
Von/Mit: Pak-Sing Choi (u. a.)
Erscheinungsdatum: 07.01.2022
Gewicht: 0,851 kg
preigu-id: 120927880
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