ninciclopedia.org - ninciclopedia.orgThis upper-level undergraduate text provides an introduction to industrial organization theory along with applications and nontechnical analyses of the legal system and antitrust laws. Using the modern approach but without emphasizing the mathematical generality inherent in many of the arguments, it bridges the gap between existing nontheoretical texts written for undergraduates and highly technical texts written for graduate students. The book can also be used in masters' programs, and advanced graduate students will find it a convenient guide to modern industrial organization. The treatment is rigorous and comprehensive. Shy first defines the issues that industrial organization addresses and then develops the tools needed to attack the basic questions.
Systems Theory of Organizations
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In economics , industrial organization or industrial economy is a field that builds on the theory of the firm by examining the structure of and, therefore, the boundaries between firms and markets. Industrial organization adds real-world complications to the perfectly competitive model, complications such as transaction costs ,  limited information , and barriers to entry of new firms that may be associated with imperfect competition. It analyzes determinants of firm and market organization and behavior as between competition  and monopoly ,  including from government actions. There are different approaches to the subject. One approach is descriptive in providing an overview of industrial organization, such as measures of competition and the size- concentration of firms in an industry. A second approach uses microeconomic models to explain internal firm organization and market strategy, which includes internal research and development along with issues of internal reorganization and renewal.
Industrial Organisation: Lecture 1, by Tom Holden