The primary rationale for this website is to provide
information on Industrial Organization: A Strategic
Approach (IOSA). IOSA is intended for upper level
undergraduate and MA level courses in industrial
organization. Follow the link at right for access to the
student website, the electronic Instructor’s
Manual, and an electronic version of the first edition
(pdf file).
The first edition of IOSA has a combination of features
which distinguish it from other books:
(i) IOSA attempts to comprehensively and systematically
present and make accessible the advances and new learning
of the last twenty five years. Relative to the
competitors the presentation is much more comprehensive
and sophisticated without, we would argue, being
inaccessible to undergraduates.
(ii) IOSA has an unmistakable and unique emphasis on
antitrust, from using antitrust cases to illustrate
theory to separate, up-to-date chapter-length treatments
of market definition, raising rivals' costs, predatory
pricing, horizontal mergers, and vertical restraints. The
emphasis on antitrust makes the material relevant and
interesting.
(iii) IOSA requires students to take an active role in
learning. IOSA makes extensive use of game theory,
providing the foundation for a
“problem-solving” approach to the teaching of
industrial organization. The emphasis is not only on
acquiring familiarity with the state of knowledge, but on
an integrated understanding of industrial
organization—how to analyze and think logically
about firm behavior using the conceptual tools developed.
The emphasis is on the development of students’
analytical abilities, not on memorizing the state of
knowledge in the field.
(iv) IOSA features extensive pedagogy including
chapter-opening vignettes; key terms; integrated cases,
examples, and numeric exercises; suggestions for further
reading that provide detailed guides to the literature
and frontier developments; and extensive end-of-chapter
materials comprising summaries, problems, and discussion
questions. The cases and examples are not tangential and
not (typically) trivial. They have been, and will
continue to be, carefully chosen to demonstrate the
applicability of the theory and stimulate interest in
industrial organization.
(v) An accessible development and presentation of the
most important concepts. Important and/or difficult
concepts are often presented in a variety of
ways—analytically, numerically (worked examples),
graphically and by case studies/examples. The
multiplicity of the approach accommodates differing
student learning styles, promotes understanding, and
enables students to more easily leap from theory to
practice.