Which economists have established the traditional theoretical system of industrial organization?

Since 1930s, the theory of industrial organization has emerged and developed in western countries. It focuses on the market structure, market behavior, market performance and their internal relations within a specific industry, thus revealing the inherent regularity of industrial organization activities, providing decision-making basis for participants in real economic activities and policy suggestions for decision makers. Since its birth, this theory has always had an important impact on the formulation of industrial organization policies in western countries. In recent years, with the process of world economic integration and the strengthening of international economic and trade activities, the norms of international industrial economic activities are constantly changing, which has caused a series of new changes in the theory of industrial organization.

There are three main schools in the development of western industrial organization theory: Harvard School, Chicago School and New Industrial Organization (Schmalensee,1988; Williamson,1989; Xia Dawei,1999; Masu Uekusa, 2000).

The people in Harvard school mainly include

1, Clark

2. Mei Sen

3. [Name] Bain …