European University Institute Library

Industrial organization, markets and strategies, Paul Belleflamme, Martin Peitz

Thoroughly revised according to classroom feedback, Industrial Organization: Markets and Strategies offers an up-to-date and rigorous presentation of modern industrial organization that blends theory with real-world applications and derives implications for firm strategy and competition policy. This comprehensive textbook acquaints readers with the most important models for understanding strategies chosen by firms with market power and shows how such firms adapt to different market environments. The second edition includes new and revised formal models and case studies. Formal models are presented in detail, and analyses are summarized in 'lessons' which highlight the main insights. Theories are complemented by numerous real-world cases that engage students and lead them to connect theories to real situations. Chapters include review questions, exercises, and suggestions for further reading to enhance the learning experience, and an accompanying website offers additional student exercises, as well as teaching slides.--, Provided by publisher
Table of contents
I. Getting Started -- 1. What is 'Markets and Strategies'? -- 2. Firms, consumers and the market -- II. Market Power -- 3. Static imperfect competition -- 4. Dynamic aspects of imperfect competition -- III. Sources of Market Power -- 5. Product differentiation -- 6. Advertising and related market strategies -- 7. Consumer inertia -- IV. Pricing Strategies and Market Segmentation -- 8. Group pricing and personalized pricing -- 9. Menu pricing -- 10. Intertemporal price discrimination -- 11. Bundling -- V. Product Quality and Information -- 12. Asymmetric information, price and advertising signals -- 13. Marketing tools for experience goods -- VI. Theory of Competition Policy -- 14. Cartels and tacit collusion -- 15. Horizontal mergers -- 16. Strategic incumbents and entry -- 17. Vertically related markets -- VII. R&D and Intellectual Property -- 18. Innovation and R&D -- 19. Intellectual property -- VIII. Networks, Standards and Systems -- 20. Markets with network goods -- 21. Strategies for network goods -- IX. Market Intermediation -- 22. Markets with intermediated goods -- 23. Information and reputation in intermediated product markets
Literary form
non fiction
Second edition.
Previous edition: 2010
Physical description
xxv, 799 pages, illustrations (colour), 25 cm.

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