Advanced Industrial Organization
The objective of this course is to cover, at an advanced level, theoretically and practically important issues in the study of imperfectly competitive markets, introducing the student to the relevant academic literature and modelling tools.
Weekly - Available soon
Total - Available soon
This course is based on academic articles which will be provided via the online platform.
Tirole Jean. The Theory of Industrial Organization. Cambridge, MA: MIT Press, 1988.
Paul Belleflamme & Martin Peitz, Industrial Organization: Markets and Strategies,2nd edition, Cambridge University Press, 2015.
Moodle page, with news and course materials.
This course is based on reading and discussing important classic and recent academic articles on the topics covered. Both an individual and a group assignment will give the students the opportunity to deepen their involvement with the topics of the course.
Mandatory final exam: 50%, minimum grade 9.0 Class participation: 10%
One group assignment: 20% (due 23/02)
Each group of 3-4 students prepares a referee report on some paper proposed by the course instructor.
One individual assignment: 20% (due 14/03)
An assignment containing theory and practical applications.
Week 1: Introduction:
Representative consumer and location models;
Week 2: Strategic behaviour:
Strategic complements and substitutes;
Week 3: Switching and search costs:
Equilibrium price level and dispersion;
Week 4: Network effects:
Network competition and compatibility;
Week 5: Two-sided markets:
Pricing in two-sided markets;
Competitive bottlenecks and interchange fees;
Week 6: Bundling:
Pure and mixed bundling;
Programs where the course is taught: