Edward Elgar Publishing Empirical Industrial Organization (The International Library of Critical Writings in Economics series)

Product Description This two-volume collection presents the most important recent articles on empirical issues in industrial organization, related primarily to the analysis of imperfect competition. The papers cover empirical analysis of non-cooperative and cooperative oligopoly, auctions, differentiated product markets, dynamic competition and entry, plus selected work on innovation, vertical contractual relationships, and incentive issues. New research in these areas relies on detailed data for specific industries, typically integrates modern imperfect competition theory into the empirical specifications, commonly uses structural empirical models derived directly from microeconomic theory, and applies modern econometric techniques. This work and the associated techniques play an increasingly important role in antitrust policy, market design and in newly deregulated markets. This collection provides an easily accessible source of the key papers on these topics, which are otherwise not readily available. Empirical Industrial Organization will be of interest to policymakers as well as academics and students. Review 'These two volumes offer a carefully selected set of contributions to empirical industrial organization. Replete with classics, but resolutely forward-looking, they provide the reader with both methodological tools and insights into the working of many imperfectly competitive markets of our modern economies. A must-read for anyone interested in industrial organization.' -- Jean Tirole, Institut d'Economie Industrielle, University of Toulouse, France About the Author Edited by Paul L. Joskow, Elizabeth and James Killiam Professor of Economics and Management, Massachusetts Institute of Technology, US and Michael Waterson, Professor of Economics, University of Warwick, UK