The course focuses on relevant topics of industrial organizations, with a particular attention to the analysis of empirical applications. It is divided into three parts.
The first part intends to provide students with rigorous economic tools for the analysis of market structure and market relations. Some applications of experimental and behavioral economics to industrial organization will be also discussed.
The second part will analyze network economics with particular emphasis on gas, electricity, and telecom markets. Paper and reports on these markets will be made available during the course.
The third part will focus on innovation economics. After studying a number of different theoretical models, empirical studies will be considered as well. Particular attention will be paid to compare the neoclassical and evolutionary approaches to innovation economics.
Markets structures and Organization:
- perfect competition,
- advanced monopoly theory,
- markets for homogeneous/differentiated products,
- collusion.
Technology and market structures:
- economics of network,
- research and development.
Written exam.
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