Who controls markets and profits from them? Does competition or monopoly result in a more beneficial economy? How can the economic playing field become fairer or more biased in either direction? The study of industrial organization extends to the core of these most important questions of economics. Throughout the field's history, various clashing schools of thought have attempted to sort through these complex issues, examining both abstract theory and real-life cases. The Fifth Edition of this widely used, highly regarded text includes coverage of dramatic changes in the field. Shepherd &amp; Shepherd provide broad, balanced coverage of topics without showing preference to any single point of view, encouraging students to think independently. This emphasis on independent judgment is evident throughout the book, with discussion of structure placed before performance to assist the reader in thinking about causation. Topics are organized for maximum flexibility, with distinct chapters covering case studies, antitrust and regulation policy, and capital markets.
 Titles of related interest from Waveland Press: Brock, The Structure of American Industry, Thirteenth Edition (ISBN 9781478627326) and Ekelund-Hebert, A History of Economic Theory and Method, Fifth Edition (ISBN 9781577664864).

The Economics of Industrial Organization

Business & Money

William G. Shepherd

Joanna Mehlhop Shepherd

Economics

Waveland PRess

See the best price to sell, buy, or rent books by Joanna Mehlhop Shepherd. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Books by Joanna Mehlhop Shepherd

See the best price to sell, buy, or rent books by Joanna Mehlhop Shepherd. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

The Economics of Industrial Organization