The Organization of Industry

By: George J. Stigler

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Paperback | 15 March 1983 | Edition Number 1

At a Glance

Paperback
346 Pages

Edition Type
New edition

Dimensions(cm)
2.27 x 1.59 x 0.21

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The Organization of Industry collects essays written over two decadesâ"pieces prepared especially for this volume, previously unpublished material, and reprinted articles drawn from numerous sources, many which include additional commentary by the author. The essays are unified by George J. Stigler's careful analysis and by his clear and witty style.

In part one, Stigler examines the nature of competition and monopoly. In part two he discusses the forces that determine the size structure of industry, including barriers to entry, economics of scale, and mergers. Part three contains articles on a wide range of topics, such as profitability, delivered price systems, block booking, the economics of information, and the kinky oligopoly demand curve and rigid price. Part four offers a discussion of antitrust policy and includes Stigler's recommendations for future policy as well as an examination of the effects of past policies.

"Stigler's writings might well be subtitled 'The Joys of Doing Economics.' He, more than any other contemporary American economist, dispels the gloom surrounding economic theory. It is impossible to confront the subject treated with such humor and verve and come away still believing that economics is the dismal science."â"Shirley B. Johnson, American Scholar

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You Can Find This Book In

Non-Fiction Industry & Industrial Studies Law Laws of Specific Jurisdictions Company Law Competition Law & Antitrust Law Business & Management Organisational Theory & Behaviour Economics Ownership & Organisation of Enterprises

What Is Industrial Organization?
What Is Competition? And Monopoly?
Competition
Price and Nonprice Competition
The Measurement of Concentration
A Theory of Oligopoly
The Determinants of Concentration
Barriers to Entry, Economies of Scale, and Firm Size
The Economies of Scale
Monopoly and Oligopoly by Merger
The Dominant Firm and the Inverted Umbrella
Imperfections in the Capital Market
A Note of Patents
Topics in Market behavior
The Division of Labor Is Limited by the Extent of the Market
A Note on Profitability, Competition, and Concentration
A Theory of Delivered Price Systems
A Note on Block Booking
The Economics of Information
Information in the Labor Market
The Kinky Oligopoly Demand Curve and Rigid Prices
Administered Prices and Oligopolistic Inflation
Antitrust Policy
Restraints on Trade in the Common Law
The Economic Effects of the Antitrust Laws
Mergers and Preventive Antitrust Policy
Appendix
Monopolistic Competition Based in Retrospect
Index
Table of Contents provided by Publisher. All Rights Reserved.

The Organization of Industry

At a Glance

Paperback

Shipping

How to return your order

Defective items

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