Industrial market structure and economic performance /
Material type:
TextPublication details: Chicago : Rand McNally College Pub. Co., c1980.Edition: 2d edDescription: xii, 632 p. :illISBN: - 0528671022
- 338.7'0973 SCH
- HD2791 .S28 1980
| Item type | Current library | Collection | Call number | Status | Date due | Barcode | |
|---|---|---|---|---|---|---|---|
Monograph & others
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CBN HQ Library General Stacks | Non-fiction | 338.7'0973 SCH (Browse shelf(Opens below)) | Available | 31008101214530 |
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| 338.7'09172'4 GOU Productivity and factor proportions in less developed countries : | 338.7'09172'4 GOU Productivity and factor proportions in less developed countries : | 338.7'0952 CAV Industrial Organization / | 338.7'0973 SCH Industrial market structure and economic performance / | 338.7'0973 WIN Government and the corporation / | 338.71'09172'4 BEL Agricultural credit in economically underdeveloped countries / | 338.71'09669 ABD Establishing a business in Nigeria / |
Includes index
Includes bibliographical references and indexes.
The book provides a systematic presentation of the economic field of industrial organization, which is concerned with how productive activities are brought into harmony with the demand for goods and services through an organizing mechanism, such as a free market, and how variations and imperfections in the organizing mechanism affect the successful satisfying of an economy's wants. Of the three market mechanisms (tradition, central planning, and free markets), the field of industrial organization deals primarily with the market system approach. This book primarily emphasizes the manufacturing and mineral extraction sectors of industrialized economies, with less discussion of wholesale and retail distribution, services, transportation, and public utilities. Beginning with a discussion of the welfare economics of competition and monopoly, the structure of industries in the U.S. and abroad and their determinants are described, including motives for mergers and their effects. Extended analysis of pricing, product policy, and technological innovation then follows. Antitrust, price fixing, related restraints, structural monopolies, regulation, and price discrimination are examined, as are the complex policies governing pricing relationships between vertically linked firms. The role of advertising in product differentiation and the roles of market structure and product variety are identified. Innovation, patents, and their relation to market structure are explored. Overall, this analysis seeks to identify attributes or variables that influence economic performance and to build theories about the links between these attributes and end performance.
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