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OverviewIndustrial Organization: Theory and Practice blends a rigorous theoretical introduction to industrial organization with empirical evidence, real-world applications, and case studies. It also supports students with a range of theoretical and applied problems and exercises. This balanced approach has earned the book its place as one of the leading undergraduate texts on industrial organization. The sixth edition has significantly expanded and updated theories, empirical findings, applications, industry landscapes, policies, and cases throughout the book to reflect the latest developments in the field. Major updates include: additional theoretical concepts (with applications) addressing current trends in business practices, such as platform markets, algorithmic pricing, monopsony, killer acquisitions, subcontracting, subscription plans, influencer marketing, and network effects recent developments in public policy toward Big Tech and dominant platforms, labor market concentration, algorithmic collusion, and net neutrality greater emphasis on global perspective with a broader range of international examples, applications, and cases enhanced coverage of empirical approaches in industrial organization, including an introduction to discrete choice models and difference-in-differences methods a supplementary digital resource package, offering additional learning and teaching materials This comprehensive book bridges the gap between economic theory and real-world case studies in an accessible, logical manner, making it the ideal undergraduate text for courses on industrial organization. Full Product DetailsAuthor: Don E. Waldman (Colgate University, USA) , Elizabeth J. Jensen (Hamilton College, USA) , Qi GePublisher: Taylor & Francis Ltd Imprint: Routledge Edition: 6th edition ISBN: 9781032714868ISBN 10: 1032714867 Pages: 870 Publication Date: 31 July 2025 Audience: College/higher education , Tertiary & Higher Education Format: Hardback Publisher's Status: Forthcoming Availability: Not yet available ![]() This item is yet to be released. You can pre-order this item and we will dispatch it to you upon its release. Table of ContentsPART I: THE BASICS OF INDUSTRIAL ORGANIZATION 1. Introduction 2. The Firm and Its Costs 3. Competition and Monopoly 4. Market Structure 5. Mergers PART II: FOUNDATIONAL MODELS OF INDUSTRIAL ORGANIZATION 6. Game Theory 7. Oligopoly Models 8. Dominant Firms and Platform Markets PART III: MODELS OF CONDUCT AND PERFORMANCE 9. Price Discrimination 10. Product Differentiation 11. Advertising 12. Vertical Relationships 13. Collusion 14. Entry and Price Deterrence 15. Entry and Nonprice Deterrence 16. Technological Change and Research and Development PART IV: PUBLIC POLICY AND GLOBALIZATION ISSUES 17. Antitrust: Market Power 18. Antitrust: Collusive Behavior 19. Antitrust: Mergers and Acquisitions 20. Antitrust: Price Discrimination, Predatory Pricing, and Vertical Restraints 21. International Economics and Industrial Organization 22. Regulation and Deregulation. Appendix: Empirical Industrial Organization. Answers to Odd-Numbered Problems.Reviews“I have been using Waldman and Jensen for my undergraduate IO course since the 3rd edition. It is by far the best on the market, combining a healthy mix of rigorous IO theory with real-life applications and case studies.” -Wei Zhang, Assistant Professor, Department of Economics, Norther Illinois University, US. ""The 6th edition is an excellent textbook for undergraduate students as it provides a very-well structured and easily understandable introduction to the key issues of Industrial Organization. It explains complex theoretical and conceptual aspects of industrial organization by proving empirical data and illustrative case studies. This updated edition includes new concepts and examples as well as a very useful supplementary digital resource package. I wholeheartedly congratulate Professors Don E. Waldman, Elizabeth J. Jensen, Qi Ge on the latest edition of their great work. I recommend this textbook to all undergraduate students without any reservations."" — Oktay F. Tanrisever, Professor, Department of International Relations, Middle East Technical University, Turkey. Author InformationDon E. Waldman is Richard M. Kessler Professor Emeritus of Economic Studies at Colgate University, USA. Elizabeth J. Jensen is Professor Emerita of Economics at Hamilton College, USA. Qi Ge is Associate Professor of Economics at Vassar College, USA. Tab Content 6Author Website:Countries AvailableAll regions |