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Book Synopsis
Who controls markets and
profits from them? Does
competition or monopoly
result in a more beneficial
economy? How can the
economic playing field
become fairer or more biased
in either direction? The study
of industrial organization
extends to the core of these
most important questions of
economics. Throughout the
field s history, various
clashing schools of thought
have attempted to sort
through these complex
issues, examining both
abstract theory and real-life
cases. The Fifth Edition of
this widely used, highly
regarded text includes
coverage of dramatic changes
in the field. Shepherd
&Shepherd provide broad,
balanced coverage of topics
without showing preference
to any single point of view,
encouraging students to think
independently. This emphasis
on independent judgment is
evident throughout the book,
with discussion of structure
placed before performance to
assist the reader in thinking
about causation. Topics are
organized for maximum
flexibility, with distinct
chapters covering case
studies, antitrust and
regulation policy, and capital
markets. Titles of related
interest from Waveland
Press: Brock, The Structure
of American Industry,
Thirteenth Edition (ISBN
9781478627326) and
Ekelund-Hebert, A History of
Economic Theory and
Method, Fifth Edition (ISBN
9781577664864).
Book details
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Author : William G.
Shepherd
Pages : 440 pages
Publisher : Waveland
Press 2003-08-01
Language : English
ISBN-10 : 1577662784
ISBN-13 :
9781577662785