Ethics and Value in Industrial Organization Psychology

Industrial organization is a field of economics that studies the strategic behavior of firms, the structure of markets and their interactions. The study of industrial organization adds to the perfectly competitive model real-world frictions such as limited information, transaction cost, of adjusting prices, government actions, and barriers to entry by new firms into a market. It then considers how firms are organized and how they compete. Industrial psychology is a relatively new branch of psychology that was created for corporations and organizations that needed more structure. Industrial psychology is able to provide this structure by evaluating employee behavior for the good of the company. It is often referred to as organizational psychology because of its emphasis on analyzing individuals who work for various organizations. The book is designed to help the students and professionals to quickly acquire the knowledge and skills they need for this subject.