Industrial Economics
Issues and Perspectives| By: | Glenys J. Ferguson |
| Publisher: | Bloomsbury UK |
| Print ISBN: | 9780333614938 |
| eText ISBN: | 9781349233069 |
| Edition: | 2 |
| Copyright: | 1998 |
| Format: | Page Fidelity |
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This is a revised and updated edition of Paul Ferguson's successful textbook. Industrial Economics has reached a crossroads in its development; the established approach, based on the neoclassical theory of the firm, is being challenged by a variety of ideas and concepts. Paramount among these are transactions costs, public choice theory and the work of the Austrian School. Industrial Economics integrates these new approaches alongside a critical exposition of traditional theory.