industrial organization igor baranov graduate school of management st petersburg state university fall 2008 1 introduction what is industrial organization study of how firms behave in markets whole range of ...
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...Industrial organization igor baranov graduate school of management st petersburg state university fall introduction what is study how firms behave in markets whole range business issues pricing decisions which new products to introduce merger methods for attacking or defending takes a strategic view interact practice howindustrial proceeds rely on the tools game theory focuses strategy and interaction construct models abstractions well established tradition all science simplification but gain power generalization empirical analysis use form testable hypotheses entry deterring actions examine impact advertising motivation why do long standing concern with market sherman antitrust act section prohibits contracts combinations conspiracies restraint trade makes illegal any attempt monopolize regulation economics...