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Park Avenue is offline Park Avenue
Emperor
Liberal and defender of freedoms for the people
Oct 1999
time: 05:33
  Old Post 20-01-2004 16:35
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Industrial Economists Please... Support Apolyton, buy GURPS/ Alpha Centauri

I'm looking for a really good website about it. Especially relating to the Structure-Conduct-Performance thing, with hopefully a good bit of of empirics about it.

DaShi is offline DaShi
Prince
The Taste of Japan
Sep 2000
time: 05:33
  Old Post 20-01-2004 16:36
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Increase Your PM Length

www.google.com

Park Avenue is offline Park Avenue
Emperor
Liberal and defender of freedoms for the people
Oct 1999
time: 05:33
  Old Post 20-01-2004 16:59
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Lose 30 kilos (of popups)

Just keeping getting lecture notes from unis, not helpful at all

Park Avenue is offline Park Avenue
Emperor
Liberal and defender of freedoms for the people
Oct 1999
time: 05:33
  Old Post 20-01-2004 17:21
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Support Apolyton, buy Galactic Civilizations

quote:
"industrial policy" schmalensee


Adam Smith is offline Adam Smith
King
Maryland, USA
Jan 1970
time: 00:33
  Old Post 20-01-2004 19:45
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Support Apolyton buy from Amazon

Does it have to be a website?

Industrial Market Structure and Economic Performance by Scherer and Ross (3rd or 4th ed is out now) is very good on the structure - conduct - performance paradigm, with LOTS of references to empirical studies, etc.

Viscusi, Vernon, and Harrington's book (the title escapes me - I think it is something like Economics of Regulation and Antitrust) is also very good (3rd or 4th ed is out now). Again, lots of empirical studies cited. The problems are especially good for developing understanding. (I studied for field exams by doing every problem in the book.)

Park Avenue is offline Park Avenue
Emperor
Liberal and defender of freedoms for the people
Oct 1999
time: 05:33
  Old Post 20-01-2004 19:48
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Suffering from ads?

Cheers. The problem with books is that I only have about 18 hours before my test, and 9 of that will hopefully be spent sleeping, so I'm looking for a quick and easy analysis.

I'll have a look for them in the library though, and see if they have chapter summaries..

TCO is offline TCO
Emperor
Richmond, VA
Jan 1970
time: 00:33
  Old Post 21-01-2004 04:29
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Lose 30 kilos (of popups)

From more of an MBA perspective, Porter's book is the classic on industry structure affecting returns.

WRT SCP, I always thought that was a McKinseyism. It is a framework that they had for looking at certain types of business problems/issues. But is not quantitative. More of a thought organizer.

Park Avenue is offline Park Avenue
Emperor
Liberal and defender of freedoms for the people
Oct 1999
time: 05:33
  Old Post 22-01-2004 01:38
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Support Apolyton or Terrorists Win

Yeah, well...the exam was this morning, and I think I flew through it thanks to the reading. I answered questions on vertical integration, diversification, and technology policy.

Adam Smith is offline Adam Smith
King
Maryland, USA
Jan 1970
time: 00:33
  Old Post 22-01-2004 02:14
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Remove this text

Now if you had only learned the material....

Park Avenue is offline Park Avenue
Emperor
Liberal and defender of freedoms for the people
Oct 1999
time: 05:33
  Old Post 22-01-2004 04:16
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Support Apolyton, buy Call to Power 2

I did learn it. Not during lectures, but in the week before the exam

Here are the ones I did..

1) Consider the motivation for, and limits on, vertical integration by a firm.

2) Examine the view that while the existence of economies of scope may explain concentric diversification for firms alternative explanations need to be considered for conglomerate diversification.

7b) "Left to itself, the market system fails to generate an appropriate level of innovative activity." Explain why and consider various policy measures to deal with the problem.

If I can remember, I'll post my scores when they get published...

TCO is offline TCO
Emperor
Richmond, VA
Jan 1970
time: 00:33
  Old Post 22-01-2004 06:50
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Increase Your PM Length

1 and 2 are well handled out of Porter. It is the classic. You should get it. It is frigging boring and could be slimmed down incredibly, but what do you expect of an MBA prof. They are idiots except for the finance guys.

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