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Reference.org
Outline of industrial organization
open-in-new
Overview
a field of
economics
that studies:
the
strategic behavior
of
firms
the structure of
markets
Perfect competition
Monopolistic competition
Oligopoly
Oligopsony
Monopoly
Monopsony
and the interactions between them
Concepts
Production side of Industry:
Production theory
productive efficiency
factors of production
total, average, and marginal product curves
marginal productivity
isoquants
&
isocosts
the
marginal rate of technical substitution
Production function
inputs
diminishing returns
to inputs
the stages of production
shifts in a production function
Economic rent
classical factor rents
Paretian factor rents
Production possibility frontier
what production levels are possible given a set of resources
the trade-off between various input combinations
the
marginal rate of transformation
Cost side of Industry:
Cost theory
Different types of
costs
opportunity cost
accounting cost or historical costs
transaction cost
sunk cost
marginal cost
The
isocost
line
Cost-of-production theory of value
Long-run cost and production functions
long-run average cost
long-run production function and
efficiency
returns to scale and isoclines
minimum efficient scale
plant capacity
Economies of density
Economies of scale
the efficiency consequences of increasing or decreasing the level of production.
Economies of scope
the efficiency consequences of increasing or decreasing the number of different types of products produced, promoted, and distributed.
Network effect
the effect that one user of a good or service has on the value of that product to other people.
Optimum factor allocation
output elasticity
of
factor costs
marginal revenue product
marginal resource cost
Pricing
and various aspects of the pricing decision
Transfer pricing
selling within a multi-divisional company
Joint product pricing
price setting when two products are linked
Price discrimination
different prices to different buyers
types of price discrimination
Yield management
Price skimming
price discrimination over time
Two-part tariffs
charging a price composed of two parts, usually an initial fee and an ongoing fee
Price points
the effects of a non-linear demand curve on pricing
Cost-plus pricing
a
markup
is applied to a cost term in order to calculate price
cost-plus pricing with elasticity considerations
cost plus pricing is often used along with
break even analysis
Rate of return pricing
calculate price based on the required rate of return on investment, or rate of return on sales
Profit maximization
determining the optimum price and quantity
the totals approach
marginal approach of production
People
Antoine Augustin Cournot
Heinrich Freiherr von Stackelberg
Jean Tirole
Joseph Bertrand
William Baumol
See also
Cost-of-production theory of value
Factors of production
Publications on production theory
Microeconomics
Outline of management
Outline of organizational theory
Outline of production
Output (economics)
Price
Prices of production
Pricing strategies
Production (economics)
External links
Industrial Organization Society