Description
Thomson Learning Industrial Organization : Contemporary Theory And Practice With Economic Applications by George Norman and Daniel J Richards and Lynne Pepall
This microeconomics textbook examines firm behavior and industrial outcomes in markets that are imperfectly competitive. The authors (Tuft University) consider tactics employed by firms with monopoly power, introduce non-cooperative game theory, identify the predatory conduct of dominant firms, and explore the implications of contractual relations between firms. The third edition breaks the previous 12 chapters downs into 25 shorter chapters, updates data, and adds new example models. Annotation ©2004 Book News, Inc., Portland, OR (booknews.com)