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Thread: Micro Theory needed to understand IO theory?

  1. #1
    Trying to make mom and pop proud
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    Micro Theory needed to understand IO theory?

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    Hi all,

    Can anyone tell me which portions of micro theory (general eq, game theory, etc) I need to review before reading seminal papers in IO (e.g. ones in the Handbook of Industrial Organization)? I had studied micro theory, but it was a while ago and I need to review only some necessary parts.

    Many thanks!

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    TestMagic Guru Moderator
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    4 out of 4 members found this post helpful. Good post? Yes | No
    Why don't you just start reading and see what you don't understand...?

  3. #3
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    For oligopoly, you may need some game theory.
    After all, I would review consumer and producer theory because it is all that supply and demand are based upon.
    However, I agree with the above that you better begin reading and then to see if you need anything beyond micro theory, say econometrics in empirical I/O.
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