RecentDevelopmentsinIndustrialEconomics:
ASelectiveReview
GuofuTan
Firstversion,September,2004;thisversion,March2005
Abstract.Thispaperprovidesaselectivereviewoftherecentindus-
trialeconomicsliterature,withafocusontheeconomicsofnetworksandthe
theoryofmarketdesign.Italsodiscussessomeoftheimportantmethodolog-
icalcontributionsofgametheorytotheanalysisofbusinessstrategies,public
policiesandtheperformanceofmarketmechanisms.
Contents
1Introduction...................................2GameTheoryandIndustrialEconomics...................3NetworkIndustries...............................4MarketDesign..................................5ForeignDirectInvestment...........................
6References....................................2413253236GuofuTanisaProfessorofEconomicsattheUniversityofSouthernCalifornia,LosAngeles,andaSeniorConsultantatDeltaEconomicsGroup,Inc.,Vancouver.TheauthorthanksZhiqiChen,MarcDuhamel,HengJu,GuillaumeRoger,ananonymousreferee,andparticipantsattheworkshopon“IndustrialEconomicsandPerformanceinCanada”forusefulcommentsandsugges-tionsandtheIndustryCanadafor nancialsupport.
1