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Dennis W. Carlton
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Modern Industrial Organization 4th Edition

by Dennis Carlton (Author), Jeffrey Perloff (Author)
4.2 4.2 out of 5 stars 60 ratings
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Modern Industrial Organization, Global Edition
Modern Industrial Organization, Global Edition
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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.

Fully updated to reflect new trends and topics, the Fourth Edition focuses on providing students with a clear, unified structure for analyzing theories and empirical evidence about the organization of firms and industries.

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  1. ISBN-10
    0321180232
  2. ISBN-13
    978-0321180230
  3. Edition
    4th
  4. Publisher
    Pearson
  5. Publication date
    May 13, 2004
  6. Language
    English
  7. Dimensions
    7.3 x 1.4 x 9 inches
  8. Print length
    856 pages
  9. See all details
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Product details

  • Publisher ‏ : ‎ Pearson; 4th edition (May 13, 2004)
  • Language ‏ : ‎ English
  • Paperback ‏ : ‎ 856 pages
  • ISBN-10 ‏ : ‎ 0321180232
  • ISBN-13 ‏ : ‎ 978-0321180230
  • Item Weight ‏ : ‎ 3.17 pounds
  • Dimensions ‏ : ‎ 7.3 x 1.4 x 9 inches
  • Customer Reviews:
    4.2 4.2 out of 5 stars 60 ratings

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Dennis W. Carlton

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4.2 out of 5 stars
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Top reviews from the United States

asad
5.0 out of 5 stars Five Stars
Reviewed in the United States on December 17, 2014
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BRAND NEW AND SHIPPED ON TIME
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someone
4.0 out of 5 stars Good textbook, but could have a better finish
Reviewed in the United States on August 13, 2013
Verified Purchase
There's everything to like about the content of the textbook. It reads clearly, and goes into detail when it is required. It keeps much of the nasty technicalities in appendices. The coverage is excellent, and has a good mix of theory and real-world cases and examples. This textbook is aimed at upper-undergraduate IO courses, but would still be a reinforcing read for post-graduate IO. If I were to write a textbook, I would write it in a similar way.

Some content is a bit strange though...for example in perfect competition, they assume price taking from the outset - doing away with the assumptions of free entry and many firms. I'm a little uncomfortable with this. It's a bit strange when at a later stage they emphasise how important free entry is, when it wasn't presented as a central assumption.

I'm a little disappointed though at the finish of the paperback version (having said that I don't think I can complain given its price). Everything is black and white and in different shades of grey, printed on stiff coarse paper. The spine is incredibly weak given the thickness of the book. It is impossible to get the book to stay on a particular page without destroying the spine. The greyscale printing is awkward when you read the text - it will refer to blue lines on diagrams (as the hardback version is in colour) when it is actually grey. not only this, the grey is actually presented in a pixelated way. If you wish to keep this book for reference forever (like how I intend to), I think it is best to get the hardback version (despite costing quite a bit more).

But otherwise it is a very good textbook.
2 people found this helpful
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Eric
4.0 out of 5 stars Try to get a different version
Reviewed in the United States on January 14, 2014
Verified Purchase
[Update: Finished the course where this was the text. As expected, the
spine split in several spots. Bumped this up to 4 stars because the
content itself really is quite good. Could use some more worked out
problems and this text was supplemented with a game theory book. If
you are in a Ph.D. program, you may want to take a separate game
theory class before taking IO.

There are plenty of $30 programming books of similar size with much
better bindings, so maybe the publisher is trying to hurt the used
book market by making the binding so bad this book can only be used
for one semester.]

This is a pedantic review about something other than the content, but
I've rarely been so annoyed by the typesetting of a $200 book.

The publisher should be ashamed. The book was obviously layed out for
one of those over-sized glossy color books, but someone change his
mind at the last minute and they did a cost reduction by releasing
this as an 800+ page black and white paperback. They did this without
going back and adjusting the layout or even changing the macros used
for boldface and such.

This didn't work out well. They shrunk the pages so everything seems
to be in 9-point type. Subheadings and emphasis were originally all
in some other color, but now they come out as light-grey so are very
difficult to read. Exterior margins are still a full two inches of
wasted space, but the interior margins are sub-half-inch on a 800+
page non-lay flat paperback. If you actually need to read the whole
thing the spine will be broken and pages will fall out before you are
done.
2 people found this helpful
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cmajor
3.0 out of 5 stars Great text, shame about the poor quality printing
Reviewed in the United States on April 29, 2015
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This is an excellent text, written by two very prominent economists in the Industrial Organization and Antitrust Economics literatures. Unfortunately, the production quality of this book is poor. Granted it is a paperback edition, however the print quality of the pages is too low. Many of the descriptions pointing to figures refer to the colors depicted, but it has been printed in black and white and in low resolution.It's a real shame, because the text is excellent. The printers have let the authors down.
One person found this helpful
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Alexander Owen
2.0 out of 5 stars Lots of information, but doesn't hold up.
Reviewed in the United States on January 11, 2014
Verified Purchase
This book must have been bound with the same stuff that binds notepads. Within days of using this book, the binding was already falling apart. Honestly, after buying the physical copy, I immediately started looking for an ebook somewhere, but without any luck. Some of my fellow classmates had found hardback copies which held much better. This book gets its only two stars strictly from the information it contains. It is very comprehensive, giving examples of even some of the most obscure fields of industrial organization and many references for those interested in further study. I'm seriously considering buying the 3rd edition just so I have a book rather than a bunch of loose papers.
2 people found this helpful
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Kayli A Wright
1.0 out of 5 stars Shredded Book
Reviewed in the United States on February 8, 2021
Verified Purchase
The package arrived today, very beat up, barely still taped together. I assumed it as simply the mail service. However, the book itself is barely holding on. The entire length of the spine is being held together by clear tape, including
both the front and back covers. The book seems greatly discolored and has a faint but unpleasant smell to it.
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Monica Gundrum
1.0 out of 5 stars poor condition
Reviewed in the United States on October 30, 2009
Verified Purchase
There was a lot of writing in the book and also hi- lighter was used throughout . I would never have bought the book if I knew it was in that condition
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Amazon Customer
1.0 out of 5 stars It was delivered in poor conditions, damaged on the back.
Reviewed in the United States on April 26, 2022
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Amazon Customer
1.0 out of 5 stars It was delivered in poor conditions, damaged on the back.
Reviewed in the United States on April 26, 2022
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Top reviews from other countries

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Jorge Enrique Cedillo Dávila
5.0 out of 5 stars Buen libro para estudiar teoría de la competencia
Reviewed in Mexico on April 17, 2022
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El libro tiene tópicos de teoría de la competencia para estudiantes a nivel intermedio.
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LBJohn
5.0 out of 5 stars WHAT'S THE BEEF?
Reviewed in the United Kingdom on April 29, 2021
Verified Purchase
I'm busty reading this the second time - the first time I ran into Oligopolies and showed my mental limitations. It's printed 3 colours (plus my highlighter) has an uncracked spine for all my rereading, and is written with a wryness that I (British) appreciate. Yes, it could do with more mathematical exzmples (how long do you want it to be? It does say that you should have done some microeconomics before tackling it, and that's where one could have exercised a calculator and graphs.
The content is very solid and takes no prisoners, but there are internet suggestions and summaries. I like it's "warts and all" attitude. An Electrical Cartel? Exposed. What were the penalties? Why are they still doing it? The death of Madoff dhould remind us that ignorance is still king (how long did it take to book him?)...and this sort of book is part of the necessary dialogue.
One gripe = make the third colour red! We Europeans are used to it...
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Kamil A.
5.0 out of 5 stars As announced
Reviewed in Japan on October 12, 2023
Verified Purchase
Came like described.
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