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. Some applications of experimental and behavioral economics to industrial organization will be also discussed.
The second 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:
- research and development.
Recommended reading
• OZ SHY: "Industrial Organization - Theory and Applications", MIT Press 1995. The chapters to study are: 4, 5, 6, 8, and 9.
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.
Written exam & presentation of an article.
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