Industrial economics : issues and perspectives.

Ferguson, Paul R. ;

Industrial economics : issues and perspectives. - 2nd Edition. - Hampshire, Basingstoke : Macmillan, 1994, 1998. - xvii, 309 p. : illustrations ;

Includes index.

The structure-conduct-performance paradigm --
Market concentration --
The advertising debate --
Monopolies --
good or bad? --
Invention, innovation and diffusion --
The foundations of industry policy --
Industry policy in practice --
State or private control? --
Deindustrialisation.

This is a revised and updated edition of Paul Ferguson's successful textbook. Industrial Economics has reached a crossroads in its development; the established approach, based on the neoclassical theory of the firm, is being challenged by a variety of ideas and concepts. Paramount among these are transactions costs, public choice theory and the work of the Austrian School. Industrial Economics integrates these new approaches alongside a critical exposition of traditional theory.

0333614925 9780333614921 0333614933 9780333614938


Industrial organization (Economic theory)
Transaction costs.

338 / FER

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