This module focuses on the following topics: anticompetitive behavior and antitrust policy; contractual relations between firms; non-price competition.
Course Content
- The nature of Industrial Organization
- Basic Microeconomic concepts
- Monopoly power
- Strategic Interaction and Basic Oligopoly Models
Supplementary material made available during the course.
Learning Objectives
Introducing the essential ideas of the theoretical analysis of imperfect competition
and some applications of microeconomics to business problems.
Learning Objectives
Introducing the essential ideas of the theoretical analysis of imperfect competition and some applications of microeconomics to business problems.
Prerequisites
Some simple Math (basic ideas of calculus, probability, statistics and finance) and
Microeconomics (theory of consumption, production, perfect competition and
monopoly. Basic concepts of game theory).
Prerequisites
Some simple Math (basic ideas of calculus, probability, statistics and finance) and Microeconomics (theory of consumption, production, perfect competition and monopoly).
Teaching Methods
Lectures, tutorials and lab classes.
Teaching Methods
Lectures, tutorials and lab classes.
Further information
The supplementary material made available during the course is mostly written in
english.
Further information
The supplementary material made available during the course is mostly written in english.
Type of Assessment
Written exam with open questions and theoretical exercises. the aim of the exam is to check not only the comprehension of the basic concepts illustrated in the course but also the ability to apply such concepts to the solution of new problems
Type of Assessment
Written exam with questions and exercises. More informations are available on the course website: http://e-l.unifi.it
Course program
Entry deterrence. Predatory conduct. Collusion. Horizontal and vertical mergers. Vertical price restrains. Advertising. Research, development and patents.
Course program
- An intruduction to Industrial Organization
- Basic microeconomics
- Market structure and market power
- Technology and production cost
- Price discrimination and monopoly
- Product variety and quality under monopoly
- Static games and cournot competition
- Oligopolistic price competition
- Dynamic Games and First and Second Movers