The new empirical industrial organization (NEIO) is a pioneering framework developed by
economists to measure the degree of competitiveness of economic sectors. The primary
contribution of NEIO is the generalization of perfect-competition and monopoly models to
intermediate imperfect-competition models that can be empirically estimated. This framework has
been applied to many sectors to provide policymakers dealing with antitrust issues with
empirical evidence of market power throughout the marketing channel. This is the first book to
provide a detailed systematic overview of NEIO. The authors present a comprehensive synopsis
of the theory and application of NEIO as well as selected case studies to the food sector.
