Industrial Organization: Contemporary Theory and Empirical Applications [Hardcover]

Lynne Pepall (Author), Dan Richards (Author), George Norman (Author)

Book Description

Publication Date: January 22, 2008 | ISBN-10: 1405176326 | ISBN-13: 978-1405176323 | Edition: 4

The bestselling textbook, Industrial Organization, now in its fourth edition, uniquely uses the tools of game theory, information economics, contracting issues, practical examples, and optional econometric appendices to examine all facets of industrial organization and to enhance students' understanding of the strategic behavior of firms, the structure of markets, and imperfect competition. A new series of appendices that comprehensively explore relevant econometric issues will provide a more challenging and relevant option for instructors and students.

• Provides a comprehensive guide to industrial organization in the imperfect market conditions of the real world
  
• Includes coverage of the latest cutting edge research and public policy developments
  
• Features stronger coverage of information economics, contracting issues and game theory than other textbooks
  
• Instructor materials will be available. Visit www.blackwellpublishing.com/pepall for more information

Editorial Reviews

Review

“This edition represents a massive rewriting and reorganization for which the authors should be commended. They have taken an already fine book and made it, I think, considerably better. It is, in short, the best industrial organization text for its level.”
John Kwoka, Northeastern University

“I congratulate the authors on a job well done. The coverage of topics is complete and up to date, with many detailed examples that make these topics real to students.”
Jill McCluskey, Washington State University

“This book strikes the perfect balance between real-world motivation of the various economic phenomena and exposition of formal economic models. This aspect, together with the exercises and complementary online material, has made it my preferred textbook for the undergraduate course.”
Christos Genakos, Selwyn College

From the Back Cover

This bestselling textbook, now in its fourth edition, uniquely uses the tools of game theory, information economics, contracting issues, and practical examples to examine multiple facets of industrial organization. New to this edition are 14 optional econometric studies that provide an applied, more challenging option for instructors and students. Additional new features convey the vitality and relevance of industrial organization – both in theory and practice.

Key Features:

• Provides a comprehensive guide to industrial organization in the imperfect market conditions of the real world
  
• Includes the most current research on real business behavior and public policy
  
• Features stronger coverage of information economics, contracting issues, and game theory than any other IO textbook
  
• Explores important econometric issues in 14 optional real-world empirical applications, new to this edition
  
• Includes useful derivation and reality checkpoints, including many new to this edition
  
• Supported by a website containing an Instructor’s Manual and PowerPoint slides. Visit www.blackwellpublishing.com/pepall for more information

See all Editorial Reviews

Product Details

• Hardcover: 720 pages
• Publisher: Wiley-Blackwell; 4 edition (January 22, 2008)
• Language: English
• ISBN-10: 1405176326
• ISBN-13: 978-1405176323
• Product Dimensions: 7.1 x 1.7 x 10 inches
• Shipping Weight: 2.7 pounds (View shipping rates and policies)
• Average Customer Review: 2.7 out of 5 stars  See all reviews (3 customer reviews)
• Amazon Best Sellers Rank: #313,899 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

4 of 6 people found the following review helpful:

5.0 out of 5 stars Gentle introduction, July 23, 2008

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A reviewer (Gainesville, Florida United States) - See all my reviews

This review is from: Industrial Organization: Contemporary Theory and Empirical Applications (Hardcover)

From its first edition, the authors have succeeded in introducing students to the vastly interesting and complicated world of industrial organization. By supplementing the theory with ample relevant empirical examples, the text is a pleasure to read and serves well for self study too. In its scope and exposition it competes with Carlton, while the updated 4th edition provides a good reason to pick it.

1 of 2 people found the following review helpful:

1.0 out of 5 stars Why is there no explanation for examples???, December 8, 2010

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ivy_league - See all my reviews

Amazon Verified Purchase

This review is from: Industrial Organization: Contemporary Theory and Empirical Applications (Hardcover)

Beginning with an awful professor, this semester of industrial organization has been difficult. Most of the time I can get a general idea of what to do from meticulously taken lecture notes and what explanation this book contains. However, in the past few weeks, this book has epically failed. The topic? Mergers. Sure, there are some sample problems in here . . . BUT THERE'S NO EXPLANATION OF WHERE THE NUMBERS IN THOSE EXAMPLES CAME FROM!!! Extremely frustrating, but I figured, whatever, I'll look at the example in the text and one of the practice problems that they give answers for in the back of the book. Oh, wait!! They're identical! I can't even work out what to do from that. Is it asking so much that if you won't explain what to do, you at least make it possible for your reader to derive the necessary steps?

0 of 1 people found the following review helpful:

2.0 out of 5 stars Too plain, April 23, 2011

By 

Calculist - See all my reviews

This review is from: Industrial Organization: Contemporary Theory and Empirical Applications (Hardcover)

The book is just pages and pages of plain black and white text, important ideas are not summarised in tables or highlighted, this doesnt make the book any easier to read.