Type of Credit: Partially Required
Credit(s)
Number of Students
The course studies strategic interactions among firms in imperfectly competitive markets. The course begins with a review of the classical mdels of oligopoly and a brief introduction to solving multi-stage games. Then I introduce one fundamental topic in industrial economics: product differentiation, and I examine questions related with mergers, vertical relations, innovation, and markets with network externalities.
能力項目說明
Upon successful completion of this course, students will be able to use the theoretical insights presented in this course to explain observed features of particular markets and industries.
| 教學週次Course Week | 彈性補充教學週次Flexible Supplemental Instruction Week | 彈性補充教學類別Flexible Supplemental Instruction Type |
|---|---|---|
Date Course Theme Homework
9/13 Introduction to industrial organization TBA
oligopoly models with homogeneous products
9/20 product differentiation TBA
9/27 horizontal mergers TBA
10/4 Networks: monopoly provision of a network service TBA
10/11 R&D: a taxonomy of innovations TBA
market structure and the incentive to innovate
10/18 R&D: a more complete model of competition via innovation TBA
10/25 R&D: evidence on the Schumpeterian hypothesis TBA
R&D cooperation between firms
11/1 R&D cooperation between firms TBA
11/8 The midterm exam
11/15 Patent policy: optimal patent length TBA
optimal patent breadth
11/22 patent races TBA
monopoly power and "sleeping patents"
11/29 patent licensing TBA
12/6 Vertical price restraints: vertical price restraints as a response TBA
to double-marginalization
12/13 RPM agreements and retail price discrimination TBA
optimal provision of retail services
12/20 optimal provision of retail services: TBA
the case of a monopoly retailer and a monopoly manufacturer
optimal provision of retail services: TBA
the case of competitive retailing
12/27 vertical price restraints: free-riding TBA
vertical price restraints: RPM and uncertain demand
1/3 The final exam
1/10 flexible supplemetal instruction week
the midterm exam: 40%
the final exam: 50%
the final report: 10%
Industrial Organization : Contemporart Theory and Empirical Applications 5th ed.
by Lynne Pepall, Dan Richards, George Norman