Applied industrial economics (2014/2015)



Codice insegnamento
4S02471
Crediti
9
Coordinatore
Maria Vittoria Levati
Settore disciplinare
SECS-P/02 - POLITICA ECONOMICA
Lingua di erogazione
Inglese
L'insegnamento è organizzato come segue:
Attività Crediti Periodo Docenti Orario
lezione 1 6 primo semestre Maria Vittoria Levati
lezione 2 3 primo semestre Angelo Zago

Orario lezioni

primo semestre
Attività Giorno Ora Tipo Luogo Note
lezione 1 lunedì 9.20 - 11.50 lezione Aula C  
lezione 1 mercoledì 9.20 - 11.50 lezione Aula C  

Obiettivi formativi

The course focuses on relevant topics of industrial organizations, with particular attention to the analysis of empirical applications. It is divided into two parts.
The first part intends to provide students with rigorous economic tools for the analysis of market structure and market relations. Applications of experimental and behavioral economics to industrial organization will be also discussed.
The second part will introduce the theory of Principal-Agent. The treatment will be rigorous, but particular emphasis will be given to applications.

Programma

Markets structures and Organization:
- perfect competition,
- advanced monopoly theory,
- markets for homogeneous/differentiated products,
- collusion.

Principal-Agent and optimal contracts:
- optimal risk-sharing,
- unobservable effort,
- dynamic contracts,
- multitasks.

Recommended reading
• OZ SHY: "Industrial Organization - Theory and Applications", MIT Press 1995. The chapters to study are: 2, 3, 4, 5, 6, 8.
• M. RICKETTS. "The Economics of Business Enterprise. An Introduction to Economic Organization and the Theory of the Firm", Edward Elgar, 3rd ed., 2002, chapter 5.

Further reading
• JEFFREY CHURCH AND ROGER WARE: "Industrial Organization: A Strategic Approach", McGraw-Hill 2000 (downloadable from elearning).
• Additional papers will be distributed during the course.

Modalità d'esame

Written exam & presentation of an article.