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Industrial Organization is the economics of imperfect competition. The field studies the sources and implications of market power: how firm behaviors affect market structure, how market structure affects firm behavior, and how policy affects market outcomes in light of these issues. The field is largely empirical now, using descriptive analysis and empirical models that combine game theoretical frameworks with data. This allows research to address both positive and normative questions. Empirical IO methods are also increasingly used in other fields as well.

Primary Appointment within the Economics Department

   

   

Primary Appointment outside the Economics Department

Ross School of Business & Department of Economics (courtesy)

Ross School of Business

Ross School of Business

Ross School of Business