Industrial Organisation

Industrial Organization studies the strategic behavior of firms in the market with respect to production, pricing, employment and other choices. One of its main foci is to understand why markets are not perfectly competitive, and what the interaction is between market structure and  a firm’s behavior. Imperfect competition (such as monopoly or oligopoly) is usually associated with the presence of transaction costs, barriers to entry, or limited and asymmetric information. Typical examples of  a firm’s strategic behavior in the market include: price discrimination, product differentiation, collusion and advertising as signalling. As imperfect competition is related to a welfare loss, an important topic in industrial organization concerns the role of public policy, in terms of economic regulation, contract enforcement, competition policy and antitrust laws.

Related posts

Article
Jens Leth Hougaard, Hervé Moulin
Users share the cost of unreliable non-rival projects (items). For instance, | READ MORE ...
Article
David Pérez-Castrillo, Marilda Sotomayor
We analyze the two-stage games induced by competitive equilibrium rules for the | READ MORE ...
Article
Jens Leth Hougaard, Hervé Moulin
Users share the cost of unreliable non-rival projects (items). For instance, | READ MORE ...
Working paper
Antonio Miralles and Marek Pycia
Continuum models are often used to study large finite assignment economies. | READ MORE ...
Article
Albert Banal-Estañol, Inés Macho-Stadler, David Pérez-Castrillo
We use a two-sided matching framework to analyze collaboration between | READ MORE ...
Article
Stanislao Gualdi, Antoine Mandel
We propose a simple dynamical model for the formation of production networks | READ MORE ...
Working paper
Mohamed Belhaj, Frédéric Deroïan
We study the value of network information in a context of monopoly pricing in | READ MORE ...
Working paper
Philip Ushchev, Yves Zenou
We develop a product-differentiated model where the product space is a network | READ MORE ...
Article
Luca Paolo Merlino
This paper studies how search externalities and wage bargaining distort vacancy | READ MORE ...
Working paper
Péter Csóka, P. Jean-Jacques Herings
We consider a situation in which agents have mutual claims on each other, | READ MORE ...
Working paper
Agnieszka Rusinowska, Vassili Vergopoulos
We combine in the same theoretical framework two related phenomena that can be | READ MORE ...
Working paper
Jordi Brandts, David J. Cooper
We introduce a new game to the experimental literature and use it to study how | READ MORE ...
Working paper
Carlo Drago, Roberto Ricciuti, Paolo Santella
The purpose of this paper is to analyze the effects on the Italian directorship | READ MORE ...
Working paper
Flip Klijn, Marc Vorsatz
We report on a laboratory experiment based on a stylized model of decentralized | READ MORE ...
Working paper
Jean J. Gabszewicz, Marco A. Marini and Ornella Tarola
This paper studies how the possibility for firms to sign collusive agreements ( | READ MORE ...
Working paper
Stanislao Gualdi, Antoine Mandel
Building upon the standard model of monopolistic competition on the market | READ MORE ...
Book
Paul Belleflamme, Martin Peitz
Industrial Organization: Markets and Strategies offers an up-to-date and | READ MORE ...
Working paper
Jens Leth Hougaard, Juan D. Moreno-Ternero, Mich Tvede, Lars Peter Osterdal
We consider the problem of distributing the proceeds generated from a joint | READ MORE ...
Article
Dominik Karos, Hans Peters
In a mutual control structure (mcs) agents exercise control over each other. | READ MORE ...
Working paper
P. Jean-Jacques Herings
The paper considers a one-to-one matching with contracts model in the presence | READ MORE ...
Article
Abhimanyu Khan, Ronald Peeters
We study the evolution of imitation behaviour in a differentiated market where | READ MORE ...
Book
AA.VV.
"A beautiful dozen. Twelve papers presented in 20 years of meetings of the | READ MORE ...
Article
Ana Mauleon, Jose J. Sempere-Monerris, Vincent Vannetelbosch
We analyze the formation of bilateral R&D collaborations in an oligopoly | READ MORE ...
Book
Gabrielle Demange and Myrna Wooders
Broad and diverse ranges of activities are conducted within and by organized | READ MORE ...
From theory to application
image
Fuhito Kojima
Market design is a rapidly growing field of economics. In a somewhat stylized | READ MORE ...
Working paper
Albrecht Glitz
This paper studies the role coworker-based networks play for individual labour | READ MORE ...
Working paper
Roberto Burguet and Ramon Caminal
In this paper we study the optimal ex-ante merger policy in a model where | READ MORE ...
Working paper
Francesca Busetto, Giulio Codognato and Sayantan Ghosal
In this paper, in an exchange economy with atoms and an atomless part, we | READ MORE ...
Working paper
Claude d'Aspremont, Rodolphe Dos Santos Ferreira and Jacques Thépot
Competitive aggressiveness is analyzed in a simple spatial competition model, | READ MORE ...
Working paper
Filippo L. Calciano
In this paper we extend the basic model of Cournot competition to the case | READ MORE ...
Working paper
Abhimanyu Khan and Ronald Peeters
We study duopolistic competition in a di erentiated market with rms setting | READ MORE ...
Working paper
Pascal Billand, Christophe Bravard, Subhadip Chakrabarti and Sudipta Sarangi
We consider a multimarket framework where a set of firms compete on two | READ MORE ...
Working paper
Maria Comune, Alireza Naghavi and Giovanni Prarolo
This paper studies whether conformism behavior affects individual outcomes in | READ MORE ...
Working paper
P. Jean-Jacques Herings , Ronald Peeters and Michael S. Yang
This paper uses a dynamic stochastic model to solve for the optimal pricing | READ MORE ...
Working paper
Frédéric Babonneau, Yurii Nesterov and Jean-Philippe Vial
Problems dealing with the design and the operations of gas transmission | READ MORE ...
Working paper
Marco Marinucci and Wouter Vergote
In a setting of R&D co-opetition we study, by using an all-pay auction | READ MORE ...
Working paper
Anita H.J.van den Berg , P. Jean-Jacques Herings and Hans J.M. Peters
We analyze strategic firm behavior in settings where the production stage is | READ MORE ...
Working paper
Nicolas Boccard
The welfare impact of a merger involves the market power offense and the | READ MORE ...
Working paper
Emin Karagozoglu
We introduce a new class of bankruptcy problems in which the value of the | READ MORE ...
Working paper
Dunia Lopez-Pintado and Juan D. Moreno-Ternero
A recurrent dilemma in team management is to select between a team-based and an | READ MORE ...
Working paper
Rahmi Ilkiliç
Suppose markets and firms are connected in a bi-partite network, where firms | READ MORE ...
Working paper
Ana Mauleon, Vincent Vannetelbosch and Cecilia Vergari
What is the effect of product market integration on the market equilibrium in | READ MORE ...
Working paper
Marco Marinucci
This paper faces two questions concerning Joint Ventures (JV) agreements. First | READ MORE ...
Working paper
Luca Petruzzellis and Antonia Rosa Gurrieri
In order to face the new competitive scenario, Apulian textile firms are | READ MORE ...
Working paper
Vasileios Zikos
We develop a model of endogenous network formation in order to examine the | READ MORE ...
Working paper
Jean J. Gabszewicz and Joana Resende
We raise the problem of the minorities' survival in the presence of | READ MORE ...
Working paper
Marjolein J.W. van Hout Harmsen, P. Jean_jacques Herings and Benedict G.C. Dellaert
In this paper we study the structure of the bilateral communication links | READ MORE ...
Working paper
A. Banerji and Bhaskar Dutta
This paper models interaction between groups of agents by means of a graph | READ MORE ...
Working paper
Jean J. Gabszewicz, Didier Laussel, Tanguy Van Ypersele and Skerdilajda Zanaj
This paper first introduces an approach relying on market games to examine how | READ MORE ...
Working paper
Kaniska Dam, Axel Gautier and Manipushpak Mitra
We analyse a (differentiated good) industry where an incumbent firm owns a | READ MORE ...
Working paper
Nicoletta Ferro
In the past only a few of the major Italian companies spontaneously adopted | READ MORE ...
Working paper
Z. M'Chirgui, W. Hichri
The purpose of this paper is to focus on the strategic decision as to whether | READ MORE ...
Working paper
S. Thoron
Nous proposons un modèle de formation endogène d’accords qui permette de | READ MORE ...
Working paper
Frédéric Deroian
Firms raise cost-reducing alliances before competing with each other, but | READ MORE ...
Working paper
Licun Xue, Rabah Amir and Effrosyni Diamantoudi
In view of the uncertainty over the ability of merging firms to achieve | READ MORE ...
Working paper
Marc Escrihuela_Villar
The paper studies how does the size of a cartel affect the possibility that its | READ MORE ...
Working paper
Albert Banal, Ines Macho-Stadler and Jo Seldeslachts
Working paper
Gianluigi Vernasca
We study a discrete time dynamic game of price competition with spatially | READ MORE ...
Working paper
Antoine Soubeyran and Jacques-François Thisse
Marshallian districts are locales that accommodate a large number of small | READ MORE ...
Working paper
Jeroen Hinloopen
Allowing firms to cooperate in their R&D is an industrial policy, which has | READ MORE ...
Book
Salvador Barberà, Peter Hammond, Christian Seidl
The standard rationality hypothesis is that behaviour can be represented as the | READ MORE ...
Book
Bhaskar Dutta and Matthew O. Jackson
When Murat Sertel asked us whether we would be interested in organizing a | READ MORE ...
Working paper
Sofia Priazhkina, Frank Page
This paper presents a model of collusive bargaining networks. Given a status | READ MORE ...
Developed by Paolo Gittoi