20464 - INDUSTRIAL ORGANIZATION
CLMG - M - IM - MM - AFC - CLEFIN-FINANCE - CLELI - ACME - DES-ESS - GIO
Department of Economics
Course taught in English
Go to class group/s: 31
CLMG (6 credits - I sem. - OP | SECS-P/06) - M (6 credits - I sem. - OP | SECS-P/06) - IM (6 credits - I sem. - OP | SECS-P/06) - MM (6 credits - I sem. - OP | SECS-P/06) - AFC (6 credits - I sem. - OP | SECS-P/06) - CLEFIN-FINANCE (6 credits - I sem. - OP | SECS-P/06) - CLELI (6 credits - I sem. - OP | SECS-P/06) - ACME (6 credits - I sem. - OP | SECS-P/06) - DES-ESS (6 credits - I sem. - OP | SECS-P/06) - GIO (6 credits - I sem. - OP | SECS-P/06)
Course Director:
MICHELE POLO
MICHELE POLO
Course Objectives
The course reviews the modern theory of Industrial Organization with reference to oligopoly markets. The course is organized in topics that covered advanced material. Topics cover price competition and its relaxation; repeated games and antitrust enforcement; entry; foreclosure; two sided markets; vertical contracts and market competition.
Course Content Summary
- Topic 1: price competition and its relaxation: capacity constraints and product differentiation.
- Topic 2: repeated games, optimal cartels and antitrust enforcement, leniency programs.
- Topic 3: entry, long run equilibria, contestability.
- Topic 4: foreclosure.
- Topic 5: two sided markets.
- Topic 6: vertical contracts and market competition: managerial contracts, forward contracts and minority shareholding.
Detailed Description of Assessment Methods
Written exam.
Textbooks
- J. TIROLE, The Theory of Industrial Organization, MIT Press, lastest edition.
- M. MOTTA, Competition Policy, Theory and Practice, Cambridge University Press, lastest edition.
- P. BELLEFLAMME, M. PEITZ, Industrial Organization, Markets and Strategies, Cambridge University Press, lastest edition.
- A reading list and slides are provided.
Last change 24/05/2017 11:33