For the fifth edition, relevant data, tables, empirical examples and case studies have been updated to reflect current trends and topics, in the most complete reorganization since the second edition. Further changes include:
- all public policy topics have been placed in the last section, making it simpler to use for courses that emphasize theory or public policy;
- an entirely new chapter on international trade and industrial organization;
- a new chapter on mergers;
- a separate section on antitrust;
- a companion website with PowerPoint slides and other supplements.
This comprehensive book bridges the gap between economic theory and real-world case studies in an accessible, logical manner, making it the ideal undergraduate text for courses on industrial organization.
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