ECON309 Industrial Organisation Notes | Assignment Help | Syllabus
University: Macquarie University
“Industrial organization seeks to understand how industries are organized rather than taking markets and their resource allocation capabilities for granted. Contractual structures that promote commercial interaction, in particular, are scrutinized in depth. Markets, companies, and government are three distinct institutional or governance systems that work together to achieve certain economic goals. The practical question therefore becomes not which of these institutions should be used, but which combination is the most efficient.
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