Industrial Organization is a central branch of microeconomics that has historically provoked a great deal of debate among economists. Steve Martin draws on this debate and economic history in order to examine the economics of markets, industries and their participants and in doing so addresses the implications for public policy towards business behaviour. Industrial Organization in Context leads students through the essential concepts that are central to understanding the strategic behaviour of firms and the policy questions at the heart of Industrial Organization. It takes an international approach, examining both US Antitrust and EU Competition Policy and their development. Classic and contemporary examples serve to illustrate the theory and experimental tests of models help students to study economic questions. This book is accompanied by an Online Resource Centre which includes: For students: essay questions, links to useful websites, historical timelines For lecturers: Scientific Workplace, slides, instructor manual
Stephen Martin is Professor of Economics at the Krannert School of Management, Purdue University, USA. Prior to that he was Professor of Industrial Organisation at the University of Amsterdam, Director of the Center for Industrial Economics at the University of Copenhagen and Professor of Economics at the European University Institute and Michigan State University. He was co-managing editor of the International Journal of Industrial Organization from 1996 to 2004, and has published widely in all areas of industrial economics.