Industrial Organization: Theory and Practice

By Don E. Waldman, Elizabeth Jensen, Elizabeth J. Jensen

Book Overview

Industrial Organization: Theory and Practice blends a rigorous theoretical introduction to industrial organization with empirical evidence, real-world applications, and case studies. It also supports students with a range of theoretical and applied problems and exercises. This balanced approach has earned the book its place as one of the leading undergraduate texts on industrial organization.

The sixth edition has significantly expanded and updated theories, empirical findings, applications, industry landscapes, policies, and cases throughout the book to reflect the latest developments in the field. Major updates include:

additional theoretical concepts (with applications) addressing current trends in business practices, such as platform markets, algorithmic pricing, monopsony, killer acquisitions, subcontracting, subscription plans, influencer marketing, and network effects;

recent developments in public policy toward Big Tech and dominant platforms, labor market concentration, algorithmic collusion, and net neutrality;

greater emphasis on global perspective with a broader range of international examples, applications, and cases;

enhanced coverage of empirical approaches in industrial organization, including an introduction to discrete choice models and difference-in-differences methods;

a supplementary digital resource package, offering additional learning and teaching materials.

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.

• Format: Hardcover
• Language: English
• ISBN: 1032714867
• ISBN13: 9781032714868
• Release Date: July 2025
• Publisher: Routledge
• Length: 868 Pages

Customer Reviews

Awesome

Recieved book quickly and it was brand new in plastic and everything. Also saved a lot of money because the college book store tried to sell a used copy to me for $100 more. Awesome!

Textbook

My textbook came as scheduled and was in great condition. I had a great experience with this purchase and will use this site again next semester.

Great Purchase

I was required to use this book for my IO course. I am not able to compare it side by side with other books, but i can say that its approach to the many IO topics is very rich, and an easy read. Student with an Economic background will most definitely find it an easy read. For those not versed in Economics, theoretical and empirical information is presented in a seamless manner.

Good and not a "heavy" book

I'm a undergraduate economic student and have tried a good sort of books in this matter, and I finally get one that fits very nice to my needs. This book touches all the aspects of the subject without being very hard to understand or too boring to read, and that is hard to find in book about industrial organization! Another good point is that the book is very new and have useful and contemporary examples. A liked very much!