03862 - Industrial Organization

Academic Year 2020/2021

  • Teaching Mode: Traditional lectures
  • Campus: Bologna
  • Corso: Second cycle degree programme (LM) in Economics and Economic Policy (cod. 8420)

Learning outcomes

After taking the course, the student is expected to be familiar with the evolution of the theory of industrial organization, game theory instruments, the basic models of Cournot, Bertrand and Stackelberg and the issues concerning mergers, cartels, entry barriers, innovation and network externality.

Course contents

1) Game theory: basics and equilibrium concepts
2) Foundations of oligopoly theory
3) Mergers
4) Cartels and implicit collusion
5) Product differentiation
6) Entry barriers
7) Innovation
8) Standardization and networks externalities

Readings/Bibliography

Garella, P. and L. Lambertini (2002), Organizzazione industriale, Carocci, Roma, chs 9-16.

Teaching methods

Class lectures

Assessment methods

written examination

Teaching tools

Formal analysis of existing models. All mathematical aspects will be illustrated in class.

Office hours

See the website of Luca Lambertini

SDGs

Industry, innovation and infrastructure Responsible consumption and production Partnerships for the goals

This teaching activity contributes to the achievement of the Sustainable Development Goals of the UN 2030 Agenda.