Advanced Topics in Industrial Organization

Journal Article Reading List by Topic

Kevin Wainwright
Email:wainwrig@sfu.ca
 

Theory of the firm

Property Rights

Price discrimination and Vertical Restraints

Principle Agent

  1. Barzel, Y Measurement Cost and the Organization of Markets JLE Vol. 25 (Apr 1982) pp 27-48
  2. Cheung, S.N.S.The Contractual Nature of the Firm, JLE (April 1983)
  3. Cheung, S.N.S., A Theory of Price Control, JLE (April 1974) pp 53-71
  4. Coase, R. "The Problem of Social Cost", JLE, pp1-44 Oct. 1960
  5. Jensen and Meckling, Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure, Journal of Financial Economics, October, 1976, V. 3, No. 4, pp. 305-360
  6. Klein, B & Leffler, K., The Role of Market Forces in Assuring Contractual Performance, JPE Vol 89, No 4 (Aug. 1981) pp615-641
  7. Klein, B. "Transaction Cost Determinants of "Unfair" Contractual Arrangements" AER (1980)
  8. Klein, Benjamin; Kevin M. Murphy Vertical Restraints as Contract Enforcement Mechanisms Journal of Law and Economics > Vol. 31, No. 2 (Oct., 1988), pp. 265-297
  9. Klein, Benjamin; Kevin M. Murphy, Vertical Integration as a Self-Enforcing Contractual Arrangement; The American Economic Review > Vol. 87, No. 2, Papers and Proceedings of the Hundred and Fourth Annual Meeting of the American Economic Association (May, 1997), pp. 415-420
  10. Mathewson, F. and Winter, R. "The Economics of Franchise Contracts," The Journal of Law and Economics, Oct. (1985) 503-526
  11. Milgrom, Paul; John Roberts Economic Theories of the Firm: Past, Present, and Future The Canadian Journal of Economics, Vol. 21, No. 3. (Aug., 1988), pp. 444-458.
  12. Wainwright, K. "Dual organizational structures of franchise contracts" discussion paper (May 2007)

Market structure

Oligopoly

Dixit and Stackelberg Models

Bertrand versus Cournot models

  1. Dixit, Avinash, Recent Developments in Oligopoly Theory, AER, Vol. 72 No. 2, Papers and Proceedings (May 1982) pp 12-17
  2. Eaton, B.C., & Ware, R., A Theory of Market Structure with Sequential entry, Rand Journal, Vol 18, No 1 (Spring 1987) pp 1-16
  3. Kreps, David M; Jose A. Scheinkman,Quantity Precommitment and Bertrand Competition Yield Cournot Outcomes  The Bell Journal of Economics, Vol. 14, No. 2. (Autumn, 1983), pp. 326-337.
  4. Singh Nirvikar; Vives, Xavier Price and Quantity Competition in a Differentiated Duopoly   The RAND Journal of Economics, Vol. 15, No. 4. (Winter, 1984), pp. 546-554.

Monopoly and Entry Barriers

Limit Output

Contestable Markets

Predatory Pricing

The role of capacity

    1. Baumol, William J.Contestable Markets: An Uprising in the Theory of Industry Structure  The American Economic Review, Vol. 72, No. 1. (Mar., 1982), pp. 1-15.
    2. Baumol & Willig, Contestability: Developments since the Book,  Oxford Economic Papers, Vol 38, Supplement: Strategic Behavior and Industrial Competition (Nov 1986) pp 9-36
    3. Dixit, Avinash, A Model of Duopoly Suggesting a Theory of Entry Barriers, Bell Journal of Economics, (Spring 1979)
    4. Dixit, Avinash The Role of Investment in Entry-Deterrence   The Economic Journal, Vol. 90, No. 357. (Mar., 1980), pp. 95-106.
    5. Eaton, B.C., & Lipsey, R., Exit Barriers are Entry Barriers: The Durability of Capital as a Barrier to Entry, Bell Journal Vol 11, No 2 (Autumn 1980) pp 721-729
    6. Milgrom, Paul; John Roberts Limit Pricing and Entry under Incomplete Information: An Equilibrium Analysis Econometrica, Vol. 50, No. 2. (Mar., 1982), pp. 443-460.

Product differentiation

Monopolistic Competition

Spatial Models

    1. Barzel, Y. Excess Capacity in Monopolistic Competition, JPE Vol. 78 No. 5 (Sep-Oct 1970) pp 1142-1149
    2. Eaton, B.C., & Lipsey, R., An Economic Theory of Central Places, EJ, Vol 92, No. 365 (Mar. 1982) pp 56-72
    3. Eaton, B.C., & Lipsey, R., The Theory of Market Pre-emption: The Persistence of Excess Capacity and Monopoly in Growing Spatial Markets, Economica, New Series, Vol 46, No 182 (May 1979) pp 149-158

Information, Advertising, and Signalling

    1. Klein, B & Leffler, K., The Role of Market Forces in Assuring Contractual Performance, JPE Vol 89, No 4 (Aug. 1981) pp615-641
    2. Milgrom, Paul; John Roberts Price and Advertising Signals of Product Quality The Journal of Political Economy, Vol. 94, No. 4. (Aug., 1986), pp. 796-821.
    3. Rothchild, M and Stiglitz, J. "Equilibrium in competitive insurance markets: an essay on the economics of imperfect information" QJE, 90, 1976
    4. Spence, M. Job Market Signaling, QJE, Vol 87, No 3 (Aug 1973) pp 355-374

 

 

Complete Reading List:
For a more complete list of recommended articles for 400 level economics students, click here
 

 

Handouts: