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Industrial Organization

This class was created by Brainscape user Tessa Rymon. Visit their profile to learn more about the creator.

By: Tessa Rymon
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Decks in this class (16)

Chapter 1 - What is Industrial Organization?
Industrial organization is concer...,
Market power,
Is there market power
12  cards
Chapter 2 - Consumers
Consumer s preferences can be des...,
Indifference curve,
Features of indifference curves
27  cards
Chapter 3 - Firms
Production function,
Isoquant curves,
Perfect complements
36  cards
Chapter 4 - Competition, Equilibrium, and Efficiency
Perfectly competitive industry is...,
Main features of a competitive in...,
Atomistic firms
36  cards
Chapter 5 - Market Failure and Public Policy
Free riding problem,
Externality,
Tragedy of the commons
34  cards
Chapter 6 - Price Discrimination
Price discrimination,
Goal of price discrimination,
Customer markets
40  cards
Chapter 7 - Games and Strategies
Interdependent decision making,
Game,
A game consists of
31  cards
Chapter 8 - Oligopoly
Oligopolies,
Main difference between duopolies...,
Bertrand model
25  cards
Chapter 9 - Collusion and Price Wars
Collusion,
Cartel agreements,
Tacit agreement
20  cards
Chapter 10 - Market Structure
Market concentration,
Coefficient cm,
Herfindahl index
33  cards
Chapter 11 - Horizontal Mergers
Horizontal mergers,
Vertical mergers,
Total output typically 1 as the r...
20  cards
Chapter 12 - Market Foreclosure
Entry accommodation,
Entry deterrence blockaded entry,
The stackelberg model
21  cards
Chapter 13 - Vertical Relations
Vertical relations,
Upstream stage of the production,
Downstream stage of the production
14  cards
Chapter 14 - Product Differentiation
Characteristics approach,
Hedonic prices,
Not all consumers value each char...
35  cards
Chapter 15
Value of innovation,
Cost reducing innovation,
Schumpeter mark i
28  cards
Chapter 16
Network externalities,
Direct network externalities,
Indirect network externalities
25  cards

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Industrial Organization

  • Class purpose General learning

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