Industrial Organization

Instructor: 
Time I: 
Wednesday,
09:30am to 01:00pm
Venue I: 
ESMT
Description: 

Prerequisite: Microeconomics 1, especially a solid understanding of game theory.

This course familiarizes students with classic questions and models in industrial organization and strategic management. We cover mainly classic models of static as well as dynamic competition with applications to competitive strategy, mergers, collusion, managerial incentives, regulation, and trade policy. Nevertheless, some new developments in IO are also discussed in class. Students are meant to learn how various modeling choices determine results as well as develop a through understanding of the game-theoretic tools applied in industrial organization and strategic management.

Background Literature:

  • Tirole (1988), The Theory of Industrial Organization, MIT Press.
  • Motta (2004), Competition Policy: Theory and Practice.
  • Belleflamme and Peitz (2009), Industrial Organization: Markets and Strategies
  • Selected journal articles.
Credits: 
4.50
Semester: 
Spring 2012
Affiliation: 
European School of Management and Technology