Written by two of the field's most respected researchers,Modern Industrial Organization goes beyond the traditional structure-conduct-performance framework by using the latest advances in microeconomic theory, including transaction cost analysis, game theory, contestability, and information economics.

Updated to reflect new trends and topics, the 4th Edition focuses on providing students with a clear, unified structure for analysing theories and empirical evidence about the organisation of firms and industries.


For courses in microeconomics.

Exploring Microeconomics: Formal Theory and Practical Problems

Significantly revised and updated with new real-world examples, exercises, and applications, this Fourth Edition of Microeconomics: Theory and Applications with Calculus remains the premiere microeconomics text to marry formal theory with robust, thoroughly analysed real-world problems.

Intended as an intermediate microeconomics text, Perloff introduces economic theory through a combination of calculus, algebra, and graphs. The text integrates estimated, real-world problems and applications, using a step-by-step approach to demonstrate how microeconomic theory can be applied to solve practical problems and policy issues. Compared to other similar texts, the author also places greater emphasis on using contemporary theories--such as game theory and contract theory--to analyse markets.