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INDUSTRIAL ECONOMICS II - NON OFFERTO
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INDUSTRIAL ECONOMICS II
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Academic year 2022/2023
- Course ID
- ECO0228
- Year
- 2nd year
- Teaching period
- Second semester
- Type
- Related or integrative
- Credits/Recognition
- 6
- Course disciplinary sector (SSD)
- SECS-P/01 - economics
SECS-P/06 - applied economics - Delivery
- Formal authority
- Language
- English
- Attendance
- Optional
- Type of examination
- Written
- Prerequisites
- Students will benefit from basic knowledge of microeconomics, game theory, and econometrics, but there are no formal requirements.
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Sommario del corso
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Course objectives
The course surveys major topics in the field of Industrial Organization, with an emphasis on competition policy, oligopoly theory and empirical applications. The course uses insights from economic theory and econometrics to approach relevant policy issues. The analytical knowledge that the student will derive from the course is useful for further study of firms and markets, as well as to evaluate the effects of economic regulation and competition policy.
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Results of learning outcomes
At the end of the course, you will be able to1. apply economic theory and econometrics to real world problems, for example in the area of competition policy,2. understand how price and non-price competition affects the behavior of firms and consumers,3. understand key issues related to goverment regulation of product markets.You will learn to integrate and apply economic theory and econometrics to solve empirical problems, which may be relevant for competition policy cases, firms' strategic decisions, or government regulation. You will familiarize with the use of data and statistical software (Stata) to address economic problems.- Oggetto:
Course delivery
Lectures, exercise sessions, and classroom presentations by students working in small working groups.
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Learning assessment methods
Written exam (50%), classroom presentation and final project (50%).
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Program
- Competition policy
- Monopoly
- Review of game theory
- Market power and allocative efficiency
- Market power and productive efficiency
- Market definition and assessment of market power
- Market power and entry
- Collusion and horizontal agreements
- Vertical restraints
- Quantitative methods for assisting in market definition
- Quantitative methods for assessing market power
- Demand estimation
- Mergers and merger simulation
- Quantifying the impact of cartels
This course surveys major topics in the field of Industrial Organization, with an emphasis on applications.Suggested readings and bibliography
- Title:
- Quantitative techniques for competition and antitrust analysis
- Year of publication:
- 2010
- Publisher:
- Princeton University Press
- Author:
- Peter Davis and Eliana Garces
- ISBN
- Title:
- Competition Policy
- Year of publication:
- 2004
- Publisher:
- Cambridge University Press
- Author:
- Massimo Motta
- ISBN
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- The theory of Industrial Organization
- Year of publication:
- 1988
- Publisher:
- MIT Press
- Author:
- Jean Tirole
- ISBN
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References to specific papers and additional material will be provided during the course
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