Industrial economics : issues and perspectives.

By: Ferguson, Paul RContributor(s): Ferguson, Glenys JMaterial type: TextTextPublication details: Hampshire, Basingstoke : Macmillan, 1994, 1998Edition: 2nd EditionDescription: xvii, 309 p. : illustrationsISBN: 0333614925 ; 9780333614921 ; 0333614933 ; 9780333614938Subject(s): Industrial organization (Economic theory) | Transaction costsDDC classification: 338
Contents:
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.
Summary: 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.
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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.

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