Industrial economics : issues and perspectives

Bibliographic Information

Industrial economics : issues and perspectives

Paul R. Ferguson and Glenys J. Ferguson

Macmillan, 1994

2nd ed

  • : hbk
  • : pbk

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Note

Previous ed.: Macmillan Education, 1988

Bibliography: p.271-298

Includes indexes

Description and Table of Contents

Description

This is a revised and updated edition of Paul Ferguson's successful textbook. Industrial Economics has reached a crossroads in its development; the established approach, based on the neoclassical theory of the firm, is being challenged by a variety of ideas and concepts. Paramount among these are transactions costs, public choice theory and the work of the Austrian School. Industrial Economics integrates these new approaches alongside a critical exposition of traditional theory.

Table of Contents

Introduction.- The Structure-Conduct-Performance Paradigm.- Market Concentration.- The Advertising Debate.- Monopolies: Good or Bad?.- Invention, Innovation and Diffusion.- The Foundations of Industrial Policy.- Industrial Policy in Practice.- State or Private Control Deindustrialisation.- Concluding Comments.

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