378 BOOK REVIEWS Industry Structure, Strategy, and Public Policy. F. M. Scherer. New York: Harper- Collins College Publishers, 1996, 436 pages. By his own reckoning, Scherer has been studying phenomena in industrial orga- nization for nearly four decades. During this time he has established impeccable credentials and it is no exaggeration to say that he has shaped much of what IO scholars “know” today. His scholarly work includes many classics – theoretical, empirical and policy studies. His 1970 textbook (or a subsequent edition of it) is familiar to all IO scholars. Scherer’s reputation will certainly increase interest in Industry Structure, Strategy, and Public Policy, a set of nine industry studies intended for use in undergraduate IO courses. The book is likely to be regarded by many instructors as a close substitute for The Structure of American Industry, studies prepared by a variety of scholars and edited by Walter Adams and James Brock. In the preface, Scherer recalls that he began using case studies in his own undergraduate course in 1971 to avoid regurgitating the material in his then-new textbook. Like many of us who teach the IO course, Scherer has found the case study approach – a blending of
Review of Industrial Organization – Springer Journals
Published: Oct 6, 2004
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