- Docente: Flavio Delbono
- Credits: 9
- SSD: SECS-P/01
- Language: English
- Teaching Mode: Traditional lectures
- Campus: Bologna
- Corso: First cycle degree programme (L) in Business and Economics (cod. 8965)
Learning outcomes
At the end of the course students are able to understand firm behavior at the strategic level for what concern pricing, market equilibrium, investments and innovation. The course will introduce studnets to studying organisational issues related to incentives and agency theory.
Course contents
Part 1: presentation of the course, background, perfect competition
Part 2: Monopoly and price discrimination
Part 3: Strategic interaction, game theory, oligopolistic markets
Part 4: Non price-competition, entry barriers, collusion, advertising, R&D
Part 5: Asymmetric information, adverse selection and moral hazard
Readings/Bibliography
L. Pepall, D. Richards, G. Norman, Industrial Organization, 4th ed., Blackwell, 2008
Except: 4.5 (means section 5 of chapter 4); 7.5.2; 7.6; Appendix to ch. 8; 10.3; 10.5; 11.1; 11.2; 12.2.2; 13.2; 13.3.1; 13.5; 14.3; 14.4; 15.3; 15.5; 15.6; 16.3; 16.4; 16.6; Appendices to ch. 16; 17.3; 17.6; 18.4; 18.5; 19.6; 21.2; 21.3; 21.6; 22.5; 22.6; 23.3; 23.7; ch. 24; 25.; 25.4.
Teaching methods
Traditional front teaching.
Assessment methods
Mid-semester written exam and final written exam. Exams will be made of questions and exercises.
Teaching tools
The textbook and exercises.
Office hours
See the website of Flavio Delbono