INDUSTRIAL ORGANIZATION

Academic year
2019/2020 Syllabus of previous years
Official course title
INDUSTRIAL ORGANIZATION
Course code
ET2028 (AF:320281 AR:151327)
Teaching language
English
Modality
On campus classes
ECTS credits
6
Degree level
Bachelor's Degree Programme
Academic Discipline
SECS-P/01
Period
3rd Term
Course year
3
Where
VENEZIA
Moodle
Go to Moodle page
This class provides basic knowledge on the workings of non competitive markets.
At the end of the class, the student will understand the fundamental models describing firms' behavior under monopolistic and oligopolistic market structure
Requirements: Economics http://www.unive.it/pag/203
• Introduction: [Week 1]
– Market Structure and Market Power; – Basic Microeconomics;
– Game Theory.
• Monopoly and Price Discrimination: [Week 1]
• Oligopoly: [Week 2]
– Bertrand competition;
– Cournot competition;
– Stackelberg competition.
• Collusion: [Week 3]
– Repeated games;
– forward induction.
• Product Differentiation: [Week 4]
– Vertical and horizontal differentiation; – Hotelling model.
• Entry: [Week 4]
– Entry cost;
– Entry deterrence; – Predatory prices.
• Social Networks: [Week 5]
– Network effects;
– Word-of-Mouth communication;
– Centralities, Targeting, and Pricing.
The main material are slides and exercises provided by the lecturer.

The reference books are:

- Tirole, J. (1988). The Theory of Industrial Organization: Jean Tirole. MIT press.
- L. Cabral, Industrial Organization, second edition, The MIT Press, 2017
Written exam, weekly problem sets
written
Lectures, group discussions, flipped classroom
______________________________
Definitive programme.
Last update of the programme: 02/02/2020