These are sources relevant for Graduate Economics courses in Industrial Organization at GMU.


Oz Shy, Industrial Organization, Theory and Applications, MIT Press, ISBN 0-262-69179-5, 1996. (errata)
F.M. Scherer, Industry, Structure, Strategy, and Public Policy, Harper Collins, ISBN 0-673-99289-6, 1996.
Carl Shapiro, Hal R. Varian, Information Rules: A Strategic Guide to the Network Economy, Harvard Business School Press, ISBN: 087584863X, 1998.
Jean Tirole, The Theory of Industrial Organization, MIT Press, ISBN 0-262-20071-6, 1994.
Dennis Carlton and Jeffrey Perloff, Modern Industrial Organization, Forth Edition, Addison-Wesley, ISBN: 0-321-18023-2, 2005.
Michael Lewis, Moneyball: The Art of Winning an Unfair Game, April 2004, ISBN 0393324818, Sample Price $11.
Robert J. Herbold, The Fiefdom Syndrome: The Turf Battles That Undermine Careers and Companies - and how to Overcome Them, October 2005, ISBN 0385510683, Sample Price $14.
Paul Milgrom, John Roberts, Economics, Organization, and Management, Prentice Hall, 1992.

How to Research

Hal Varian, How to Build an Economic Model in your Spare Time

Industrial Organization in General

Sam Peltzman, Review of The Handbook of Industrial Organization, The Journal of Political Economy, Vol. 99, No. 1. (Feb., 1991), pp. 201-217.


New Economy Articles

Shapiro and Varian, Information Rules, chapters 5,6.

Networks and Standards

Shy, Industrial Organization, chapter 10.

Shapiro and Varian, Information Rules, chapters 7,8.

Spatial Differentiation

Shy, Industrial Organization, chapter 7.

Shapiro and Varian, Information Rules, chapter 2.

Robin Hanson, Location Discrimination in Circular City, Torus Town, and Beyond

Ads and Search

Shy, Industrial Organization, chapter 11,16.

Quality and Regulation

Shy, Industrial Organization, chapter 12.

Warning Labels as Cheap Talk: Why Regulators Ban Drugs. Journal of Public Economics 87(9-10):2013-2029, September 2003.

Firm Boundaries

Ronald H. Coase, The Nature of the Firm, Economica 4(16):386-405, November 1937.

Oliver E. Williamson Transaction-Cost Economics: The Governance of Contractual Relations, Journal of Law and Economics 22(2):233-261, October 1979.

Sanford J. Grossman and Oliver D. Hart, The Costs and Benefits of Ownership: A Theory of Vertical and Lateral Integration, Journal of Political Economy 94(4):691-719, August 1986.

Bengt Holmstrom and Paul Milgrom The Firm as an Incentive System, American Economic Review 84(4)972-991, September 1994.

Bengt Holmstrom and John Roberts, The Boundaries of the Firm Revisited, Journal of Economic Perspectives 12(4):73-94, Autumn, 1998.

Entry and Mergers

Shy, Industrial Organization, chapter 8.

Tirole, Theory of Industrial Organization, chapter 8.

Capital Structure and Control

Organization Theory

Michael Lewis, Moneyball: The Art of Winning an Unfair Game

Robert J. Herbold, The Fiefdom Syndrome

Organization Information

Daniel Kahneman and Dan Lovallo, Timid Choices and Bold Forecasts: A Cognitive Perspective on Risk Taking, Management Science 39(1), January 1993.

Canice Prendergast, A Theory of "Yes Men, American Economic Review 83(4):757-770, September 1993.

Adam Brandenburger and Ben Polak, When managers cover their posteriors: making the decisions the market wants to see, RAND Journal of Economics 27(3):523-541, Autumn, 1996.

Christian Ewerhart, Patrick W Schmitz, `Yes Men,' Integrity, and the Optimal Design of Incentive Contracts, Games and Economic Behavior, 2000.

Stephen Morris, Political Correctness, Journal of Political Economy 109:231-265, 2001.

Magne Jorgensen, Karl Halvor Teigen and Kjetil Molokken, Better Sure than Safe? Overconfidence in Judgment Based Software Development Effort Prediction, Journal of System and Software 70(1,2):79-83, February 2004.

Sendhil Mullainathan and Andrei Shleifer, The Market for News, American Economic Review, 95(4):1031-1053, September 2005.

Robin Hanson, He Who Pays The Piper Must Know The Tune