TY - BOOK AU - Ferguson, Paul R. ; AU - Ferguson, Glenys J. ; TI - Industrial economics : issues and perspectives SN - 0333614925 U1 - 338 PY - 1994///, 1998 CY - Hampshire, Basingstoke : PB - Macmillan, KW - Industrial organization (Economic theory) KW - Transaction costs N1 - 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 N2 - 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 ER -