{"product_id":"industrial-organization-pak-sing-choi-9783031386343","title":"Industrial Organization: Practice Exercises with Answer Keys","description":"\u003cp\u003eRevised and updated for the second edition, this textbook presents over 100 exercises on industrial organization with detailed answer keys. While most textbooks on industrial organization focus on theory and empirical findings, this textbook offers practical examples and exercises helping predict firm behavior in different industries. The book emphasizes the game-theoretic tools used in each type of exercise, so students can systematically apply them to other markets, forms of competition, or information environments where firms, consumers, and regulating agencies interact.\u003c\/p\u003e The book begins with examples that analyze different models of firm behavior and interaction; starting with monopoly and moving through the Cournot model of simultaneous quantity competition, the Bertrand model simultaneous price competition, and sequential competition. The following chapters apply game-theoretic tools to situations of increasing complexity: regulation; R\u0026amp;D incentives; mergers and collusion;bundling incentives; incomplete information, signaling, and competition; networks and switching costs. In addition to providing algebraic simplifications, some chapters also offer the unique feature of worked exercises based on published journal articles by leading scholars in the field. Finally, exercises are ranked according to their difficulty, with a letter (A-C) next to the exercise number, which allows students to pace their studies and instructors to structure their classes accordingly. The second edition contains additional exercises optimized for study at the upper undergraduate level.\u003cp\u003e\u003c\/p\u003e \u003cp\u003eProviding a rigorous, yet practical introduction to the field of industrial organization, this textbook is appropriate for advanced undergraduate and graduate students in economics and finance. \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Pak-Sing Choi, Eric Dunaway, Felix Muz-Garcia\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 3031386345\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9783031386343\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Springer\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 11\/28\/2023\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 671\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 3.08lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 10.00h x 7.00w x 1.44d","brand":"Pak-Sing Choi","offers":[{"title":"Hardcover","offer_id":44716312953087,"sku":"9783031386343","price":139.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_c209b9c2-e9a6-4289-ad89-acad68fca449.jpg?v=1705681836","url":"https:\/\/www.whiterainbookhouse.com\/products\/industrial-organization-pak-sing-choi-9783031386343","provider":"WR Book House","version":"1.0","type":"link"}