Subjects: Business, Economics & Industry. In like new condition. There are no writing or markings inside the book. Book is shrink wrapped with 100-gauge Polyolefin shrink wrap for protection. Modern Industrial Organization (4th Edition) by Carlton, Dennis W. Perloff, J In like new condition. There are no writing or markings inside the book.
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Description
Written by two of the field's most respected researchers, Modern Industrial Organization goes beyond the traditional structure-conduct-performance framework by using the latest advances in microeconomic theory, including transaction cost analysis, game theory, contestability, and information economics.
Fully updated to reflect new trends and topics, the Fourth Edition focuses on providing students with a clear, unified structure for analyzing theories and empirical evidence about the organization of firms and industries.
I. INTRODUCTION AND THEORY.
2. The Firm and Costs.
II. MARKET STRUCTURES.
4. Monopolies, Monopsonies, and Dominant Firms.
6. Oligopoly.
7. Product Differentiation and Monopolistic Competition.
III. BUSINESS PRACTICES: STRATEGIES AND CONDUCT.
9. Price Discrimination.
11. Strategic Behavior.
12. Vertical Integration and Vertical Restrictions.
IV. INFORMATION, ADVERTISING, AND DISCLOSURE.
14. Advertising and Disclosure.
V. DYNAMIC MODELS AND MARKET CLEARING.
16. Patents and Technological Change.
VI. GOVERNMENT POLICIES AND THEIR EFFECTS.
18. International Trade.
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20. Regulation and Deregulation.
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Customer Book Reviews
Its in my top 2 textbooks for Economics Undergraduate
By Irrational Expectationson Dec 21, 2004
I've only used 9 textbooks in my undergraduate carrer in Economics, however, this book would probably fit either as the best or 2nd best... I can't really determine which deserves the 'coveted' 'best' slot. To say firstly, this book passes the 'I havn't attended class for the last 4 weeks and only have read the book, but still recieved an A- for the midterm' test. I think I can say in full confidence that IO is pretty much a standard course and this pretty much covers all the standard topics that any IO course would cover in one semester. I used this book for a more 'advanced' IO course (there are 2 in my university) and I used the book almost exclusively in preperation for my exams. I can say that the books appendices are excellent, despite th previous comment. It displays the material very concisely and in a very formal manner. The presentation in the appendices is not laconic and is very understandable.... I would have to say it achieves almost maximum effeciency with relevent material per page. Actaully, for my case, the appendices were very much more useful then the actaul text itself. The level of mathematics does not exceed a standard non-formal multi-variable calculus level and is thus very accesible. With regards to applicability of the material, I found no problems in figuring out how the forumale applied with respect to the theory for the most part... However, I suspect if it is obtuse (for the level of maturity in the class) then the instructor would augment the text with problem sets and excercises. The book starts off with a brief recap of the relevnt micro concepts and tools in the first chapter or so, then goes on to cover topics such as monopoly, oligopoly, monopolistic competition, games in oligopolies (Bertrand, Stakelberg Cournout-Nash etc.). Then it goes on to less 'theoretical' (at least in my opinion) topics such as advertising and its effects, price discrimination (1st degree, 3rd degree, bundling strategies etc.). Overall there is a good mix of 'real world' applications and core theory. I never read the numerous examples and unless the class specifically tests on these, I would think they are not needed for understanding of the material. The exposition found in the chapters (less the examples) are usually superb, although a bit wordy for my taste. There are some problems asked after the end of each chapter, although very few of these employ much mathematics and hence, does not, in my opinion, work well as a gauge of understanding. It seems because of the length of the book, it lends itself off to the instructor to decide how to taylor his curriculum, I don't believe that any chapters are redundent, but I believe all chapters are essentially self contained (given that the reader had read or is competent in the material up to the 6th chapter). All in all, I was happy with this book and believe it to be of superior stock, although this is pure conjecture on my part since I've only used this book and have only taken one IO course. With respect to flexibility the book deserves good marks and this is likewise true with respect to the exposition in the text.
Very good text, that has clear explanations, good relevant examples--quite useful. The only thing keeping it from five stars in my opinion is the poor quality of the binding. Read the book and you'll find out why this is likely the case.
I think this is a great IO book to learn how firms compete in a perfectly competitive business model with the real world frictions such as government actions, barriers to entry, and strategizing. I find it very fascinating how firms attempt to increase market power. I bought this book used in GOOD condition but when I received the book the pages were falling out and I am very disappointed with the quality and description of the book as good when the binding is falling apart.
[Update: Finished the course where this was the text. As expected, the spine split in several spots. Bumped this up to 4 stars because the content itself really is quite good. Could use some more worked out problems and this text was supplemented with a game theory book. If you are in a Ph.D. program, you may want to take a separate game theory class before taking IO. There are plenty of $30 programming books of similar size with much better bindings, so maybe the publisher is trying to hurt the used book market by making the binding so bad this book can only be used for one semester.] This is a pedantic review about something other than the content, but I've rarely been so annoyed by the typesetting of a $200 book. The publisher should be ashamed. The book was obviously layed out for one of those over-sized glossy color books, but someone change his mind at the last minute and they did a cost reduction by releasing this as an 800+ page black and white paperback. They did this without going back and adjusting the layout or even changing the macros used for boldface and such. This didn't work out well. They shrunk the pages so everything seems to be in 9-point type. Subheadings and emphasis were originally all in some other color, but now they come out as light-grey so are very difficult to read. Exterior margins are still a full two inches of wasted space, but the interior margins are sub-half-inch on a 800+ page non-lay flat paperback. If you actually need to read the whole thing the spine will be broken and pages will fall out before you are done.
This book must have been bound with the same stuff that binds notepads. Within days of using this book, the binding was already falling apart. Honestly, after buying the physical copy, I immediately started looking for an ebook somewhere, but without any luck. Some of my fellow classmates had found hardback copies which held much better. This book gets its only two stars strictly from the information it contains. It is very comprehensive, giving examples of even some of the most obscure fields of industrial organization and many references for those interested in further study. I'm seriously considering buying the 3rd edition just so I have a book rather than a bunch of loose papers.
There's everything to like about the content of the textbook. It reads clearly, and goes into detail when it is required. It keeps much of the nasty technicalities in appendices. The coverage is excellent, and has a good mix of theory and real-world cases and examples. This textbook is aimed at upper-undergraduate IO courses, but would still be a reinforcing read for post-graduate IO. If I were to write a textbook, I would write it in a similar way. Some content is a bit strange though...for example in perfect competition, they assume price taking from the outset - doing away with the assumptions of free entry and many firms. I'm a little uncomfortable with this. It's a bit strange when at a later stage they emphasise how important free entry is, when it wasn't presented as a central assumption. I'm a little disappointed though at the finish of the paperback version (having said that I don't think I can complain given its price). Everything is black and white and in different shades of grey, printed on stiff coarse paper. The spine is incredibly weak given the thickness of the book. It is impossible to get the book to stay on a particular page without destroying the spine. The greyscale printing is awkward when you read the text - it will refer to blue lines on diagrams (as the hardback version is in colour) when it is actually grey. not only this, the grey is actually presented in a pixelated way. If you wish to keep this book for reference forever (like how I intend to), I think it is best to get the hardback version (despite costing quite a bit more). But otherwise it is a very good textbook.
This textbook I thought was well laid out and easy to read overall. I had to use it for my Industrial Organization class and it really complimented the course well.
I have the 2000 edition, I like it very much. Practical, easy to follow, great use of Theory of Games exemples. Douglas Gilson, Management professor.Rio de janeiro, Brasil
In brief, the seller claims to be selling a book with the following specs: Name: Modern Industrial Organization (4th Edition) Paperback: 800 pages Publisher: Prentice Hall; 4 edition (May 23, 2004) Language: English ISBN-10: 0321180232 ISBN-13: 978-0321180230 Product Dimensions: 7.6 x 1.4 x 9.7 inches What did I get instead???..... I got a VERY old edition of the same book (a 25 year old 'MODERN' industrial organization book). THIS SELLER IS TRYING TO PLAY WITH PEOPLE'S INTELLIGENCE, BEWARE OF THAT!!!!! I will try to get my money back, but by the way they proceed I don't see that happening.
I paid $153 for a new hardcopy from Amazon. What I received was simply a photocopy. The text that was supposed to be in color is barely visible. The book won't live long - the pages are tearing off after I just browsed through pages. I am returning. No point paying for a brand new copy.
Instead of highlight, the important part is blurred. But the contents is good.
BRAND NEW AND SHIPPED ON TIME
This is an excellent text, written by two very prominent economists in the Industrial Organization and Antitrust Economics literatures. Unfortunately, the production quality of this book is poor. Granted it is a paperback edition, however the print quality of the pages is too low. Many of the descriptions pointing to figures refer to the colors depicted, but it has been printed in black and white and in low resolution.It's a real shame, because the text is excellent. The printers have let the authors down.
it is ok, just old
Extremely well-written book with plenty of modern-day examples. I used this book for my IO course at University of Chicago, and my only regret is that we didn't get through the whole book. It is interesting enough to read just for the heck of it though.
In great shape. Fully satisfied.
Bought this for a class. It was a hard class. The book wasn't great. It wasn't very clear in the way it explained things. Wouldn't recommend.
As i expected
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