Applied Industrial Economics
$63.99 (C)
- Editor: Louis Phlips, European University Institute, Florence
- Date Published: October 1998
- availability: Available
- format: Paperback
- isbn: 9780521629546
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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.
Read more- Fills a gap in the market for an applied industrial economics text, most present texts are theoretical in focus
- Louis Phlips is the leading writer in this area - achieved sales of over 11,000 with his three previous books for CUP
- Big name contributors, providing accessible analysis
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×Product details
- Date Published: October 1998
- format: Paperback
- isbn: 9780521629546
- length: 456 pages
- dimensions: 247 x 175 x 29 mm
- weight: 0.89kg
- contains: 10 tables
- availability: Available
Table of Contents
Preface
Introduction
Part I. Market Structure:
1. Game theory and industry studies: an introductory overview John Sutton
2. Game-theoretic models of market concentration: sunk costs and market structure - a review article Richard Schmalensee
3. Expanding markets: capacity expansion in the titanium dioxide industry Pankaj Ghemawat
4. Declining markets: the devolution of declining industries Pankaj Ghemawat and Barry Nalebuff
5. Empirical evidence: exit from declining industries - 'shakeout' or 'stakeout'? Marvin B. Lieberman
Part II. Industrial Pricing and Pricing Schemes:
6. Intertemporal pricing schemes: experimental tests of consciously parallel behaviour in oligopoly Ronald Harstad, Stephen Martin and Hans-Theo Normann
7. Spatial pricing schemes: on the strategic choice of spatial price policy Jacques-François Thisse and Xavier Vives
8. Best-price policies: facilitating practices - the effects of advance notice and best-price policies Charles A. Holt and David T. Scheffman
9. Vertical pricing schemes: vertical restraints and producers' competition Patrick Rey and Joseph Stiglitz
10. Price discrimination in a common market: international price discrimination in the European car market Frank Verboven
11. Tacit collusion (I): interfirm rivalry in a repeated game - an empirical test of tacit collusion Margaret E. Slade
12. Tacit collusion (II): collusive equilibrium in the great salt duopoly Ray Rees
Part III. Competition Policy:
13. Collusion and predation: on the detection of collusion and predation Louis Phlips
14. Vertical restraints: vertical restraints in European competition policy J. A. Kay
15. Franchising agreements: economic assessment of competition law provisions applicable to franchising OECD
16. Joint R&D ventures: cooperative and noncooperative R&D in duopoly with spillovers C. d'Aspremont and A. Jacquemin
Part IV. Mergers and Merger Control:
17. Unprofitable exogenous mergers: losses from horizontal merger - the effects of an exogenous change in industry structure on Cournot-Nash equilibrium S. W. Salant, S. Switzer and R. J. Reynolds
18. Profitable horizontal mergers and welfare: horizontal mergers - an equilibrium analysis Joseph Farrell and Carl Shapiro
19. Using the Herfindahl-Hirschman index: horizontal mergers - comment Gregory J. Werden
20. Cournot and merger control: horizontal mergers - reply Joseph Farrell and Carl Shapiro
21.Vertical mergers: vertical mergers in multi-product industries and Edgeworth's paradox of taxation Michael A. Salinger
22. Enforcement of the US merger guidelines: empirical evidence on FTC enforcement of the merger guidelines Malcolm B. Coate and Fred S. McChesney
23. Enforcement of the European merger regulation: the merger decisions of the European Commission Damien Neven, Robin Nuttall and Paul Seabright
Index.
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