Textbook & Readings:
What is a firm?
One classic I-O textbook is:
F. M. Scherer & David Ross (1990) Industrial Market Structure & Economic Performance 3rd edition Houghton Mifflin & Co. ISBN-13: 978-0395357149
But most economics textbooks cover the basic cost curves, and review these should suffice.
Articles that greatly influenced the field are generally in academic journals, and some remain interesting even decades later.
George Stigler The Citizen and the State (University of Chicago Press, 1975 ISBN 0-226-77429-5) is a collection of essays on regulation by a pioneer in the field who got a Nobel Prize in 1982.
Ronald Coase (1937) Nature of the Firm, Economica Vol 4, No.16
Cost of market transactions versus managerial direction within a firm.
Arman A. Alchian and Harold Demsetz (1972) Production, Information Costs & Economic Organisation, American Economic Review, Vol.62, No.5
Kumar, Rajan & Zingales (2001) "What Determines Firm Size?"
Size distribution of firms:
https://faculty.chicagobooth.edu/chang-tai.hsieh/research/missingmiddle.pdf Page 5 of 6
Monopoly & Anti-trust
These are long readings: interesting if you have the time, but skim otherwise.
The Federal Trade Commission (FTC) website has a good account of its history with references (not comprehensive) to other articles.
Edward Levi (1947) "The Anti-Trust Laws and Monopoly" The University of Chicago Law Review Vol.14 No.2 downloadable at:
Good survey of legal history, but presumes knowledge of US history, politics and legal structure.
This is a shorter piece:
Robert L Bradley Jr (1990) "On the Origins of the Sherman Act"
A widely cited recent article has a cogent criticism of the "Chicago School"
Lina M. Khan (2017) "Amazon’s Anti-Trust Paradox" Yale Law Journal, Vol. 126, No.3 January pp 564-907 downloadable at:
The GE-Honeywell merger: The EU case for discussion
HBS case: Competition Policy in the European Union #9-796-038
HBS case: Anti-trust Regulations in a Global Setting: The EU investigation of the GE/Honeywell Merger #9-204-081
Grant and Neven (2005) "The Attempted Merger between GE and Honeywell: A Case study of Transatlantic Conflict" (mimeo) at:
A Theory of Regulation
George Stigler (1971) "The Theory of Economic Regulation" The Bell Journal of Economics and Management Science Vol.2, No.1 pp 3-21
Data on political contributions:
The White House (2015) "Occupational Licensing: A Framework for Policymakers"
Airline Deregulation Page 6 of 6
John Howard Brown (2014) "Jimmy Carter, Alfred Kahn and Airline Deregulation" The Independent Review, Vol 19, No.1
Alfred E Kahn (1988) "Surprises of Airline Deregulation" American Economic Review, Vol.72, No2 pp 316-322
Alfred E Kahn (2001) "Whom the Gods would Destroy or How Not to Deregulate" AEI-Brookings Joint Centre for Regulatory Studies
Electricity Regulation & Deregulation
About how a CCG plant generates power
The Federal Energy Regulatory Commission Report (2005) to Congress on California Electricity crisis:
Paul L. Joskow (2008) "Lessons Learned from Electricity Market Liberalisation" The Energy Journal
Sweeney (2005) "Lessons for the Future" is an excellent account of what happened in California
Describes the German legal framework for electricity (in English)
HBS RWE and the Proposal for a German Electricity Regulator