000			02432cam a2200265 i 4500
008			800604t1980 ilua erb 001 0 eng
020			_a0528671022
040			_aDLC _cDLC
050	0	0	_aHD2791 _b.S28 1980
082	0	0	_a338.7'0973 _bSCH
100	1		_aScherer, F. M.
245	1	0	_aIndustrial market structure and economic performance /
250			_a2d ed.
260			_aChicago : _bRand McNally College Pub. Co., _cc1980.
300			_axii, 632 p. :ill,
500			_aIncludes index
504			_aIncludes bibliographical references and indexes.
520			_aThe 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.
590			_aII 16/01/2019
591			_aLoans
650		0	_aIndustrial organization (Economic theory)
650		0	_aIndustrial policy
942			_2ddc _cBOOK
949			_a338.7'0973 SCH
999			_c11656 _d11656