Course 2008-2009 a.y.

8330 - INDUSTRIAL ORGANIZATION


MM-LS - AFC-LS - CLAPI-LS - CLEFIN-LS - CLELI-LS - DES-LS - CLG-LS - M-LS - IM-LS - ACME-LS - EMIT-LS

Department of Management and Technology

Course taught in English

Go to class group/s: 20 - 31
MM-LS (6 credits - I sem. - AI) - AFC-LS (6 credits - I sem. - AI) - CLAPI-LS (6 credits - I sem. - AI) - CLEFIN-LS (6 credits - I sem. - AI) - CLELI-LS (6 credits - I sem. - AI) - DES-LS (6 credits - I sem. - AI) - CLG-LS (6 credits - I sem. - AI) - M-LS (6 credits - I sem. - AI) - IM-LS (6 credits - I sem. - AI) - ACME-LS (6 credits - I sem. - AI)
Course Director:
MICHELE POLO

Classes: 31 (I sem.)
Instructors:
Class 31: TO BE DEFINED


Course Objectives

The course reviews the modern theory of Industrial Organization with reference to monopoly and oligopoly. The main issues are: monopolistic pricing and price discrimination, multiproduct monopoly, vertical contracts; price and quantity competition, product differentiation, collusion, quality, entry and market structure, strategic entry deterrence, foreclosure. The course also analyzes policy issues as antitrust and regulation and the design of liberalization plans.


Course Content Summary

Monopoly

  • Pricing and multiproduct monopoly  
  • Vertical integration and vertical contracts
  • Regulation of a natural monopoly  

Oligopoly  

  • Static models: Bertrand, Cournot, Hotelling  
  • Dynamic models: collusion 
  • Entry, barriers to entry and foreclosure  
  • Competition policy and liberalizations

Detailed Description of Assessment Methods

Written exam

Textbooks

  • J. TIROLE, The Theory of Industrial Organization, MIT Press, last edition
  • M. MOTTA, Competition Policy, Theory and Practice, Cambridge, Cambridge University Press, last edition 
  • A reading list will be provided.
Exam textbooks & Online Articles (check availability at the Library)

Prerequisites

A good knowledge of microeconomics and game theory is a useful background.
Last change 09/06/2008 16:24
EMIT-LS (8 credits - I sem. - CC)
Course Director:
MICHELE POLO

Classes: 20 (I sem.)
Instructors:
Class 20: MICHELE POLO



Course Objectives

The course reviews the modern theory of Industrial Organization with reference to monopoly and oligopoly. The main issues are: monopolistic pricing and price discrimination, multiproduct monopoly, vertical contracts; price and quantity competition, product differentiation, collusion, quality, entry and market structure, strategic entry deterrence, foreclosure. The course also analyzes policy issues as antitrust and regulation and the design of liberalization plans. A good knowledge of microeconomics and game theory is a useful background.


Course Content Summary

Monopoly

  • Pricing and multiproduct monopoly  
  • Vertical integration and vertical contracts
  • Regulation of a natural monopoly  

Oligopoly  

  • Static models: Bertrand, Cournot, Hotelling  
  • Dynamic models: collusion 
  • Entry, barriers to entry and foreclosure  
  • Competition policy and liberalizations

Detailed Description of Assessment Methods

Written exam

Textbooks

  • J. TIROLE, The Theory of Industrial Organization, MIT Press, last edition
  • M. MOTTA, Competition Policy, Theory and Practice, Cambridge, Cambridge University Press, last edition 
  • A reading list will be provided.
Exam textbooks & Online Articles (check availability at the Library)
Last change 04/06/2008 17:33