Industrial Organization I

Aннотация:
This Ph.D. course provides an overview of selected topics in industrial organization (IO) economics. Its goal is to survey the main outlines of modern IO, to develop key theoretical ideas, to demonstrate important techniques, to link theory to empirical work, and to relate theoretical and empirical results to policy issues. The course emphasizes theoretical IO, as the empirical side of the field is covered in depth in Industrial Organization II offered in the spring.

1. Scope, Ideas, and Methods of IO
2. Theory of the Firm
3. Positive economics of regulation
4. Normative economics of procurement and regulation
5. Price strategy
6. Advertising strategy
7. Oligopoly I: Cournot and Bertrand oligopoly
8. Oligopoly II: Horizontal and vertical product differentiation
9. Oligopoly III: Collusion
10. Oligopoly IV: Free entry
11. Oligopoly V: Incomplete and imperfect information
12. Horizontal mergers
13. Monopolization
14. Vertical restraints
15. Vertical mergers
16. Innovation
17. Market dominance