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Theoretical analysis in the field is heavily based on Game Theory . It should not be confused with the related psychological area, Industrial And Organizational Psychology . The common Market Structures studied in this field are the following: Industrial organization investigates the outcomes of these market structures in environments with
The subject has a theoretical side and a practical side. According to one text book: "On one plane the field is abstract, a set of analytical concepts about competition and monopoly. On a second plane the topic is about real markets, teeming with the excitement and drama of struggles among real firms" (Shepherd, W.; 1985; 1). Given that it was the first field that used game theory in economics, industrial organization has become the natural exporter of methodological tools to other branches of Microeconomics , such as Organization Economics and Corporate Finance . Industrial organization has also has siginificant practical impacts on Antitrust Law and Competition Policy . REFERENCES
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