000 01322nam a2200193Ia 4500
999 _c34321
_d34321
005 20220604164022.0
008 200202s9999 xx 000 0 und d
020 _a333427122
082 _a338 FER
100 _aFerguson, Paul R.
245 0 _aIndustrial economics: issues and perspectives
260 _aLondon
260 _bMacmillan Education
260 _c1988
300 _a216 p.
520 _aIndustrial economics has reached a crossroads in its development; the established approach, based on the neoclassical theory of the firm, is now being challenged by a variety of ideas and concepts. Paramount among these are transaction costs, public choice theory and the work of the Austrian School. These developments have so far failed to find their way into industrial economics texts, but they have important contributions to make. Industrial Economics: Issues and Perspectives integrates these new approaches alongside a critical exposition of traditional theory. The issues discussed include those which traditional analysis has always found difficult to accommodate, such as innovation and advertising; topical problems, such as privatisation and de industrialisation; and areas of particular importance for policy formulation, such as monopoly.
650 _aIndustrial organization
942 _cB
_2ddc