37297 - Industrial Organization

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 and microeconomics background.

Part 2: Game theory and oligopoly.

Part 3: Market structure

Part 4: Non-price strategies

Part 5: Competition policy and regulation.

Readings/Bibliography

L. Cabral, Introduction to Industrial Organization, second edition, Mit Press, 2017.

Teaching methods

Standard frontal teaching. Students with disability or specific learning disabilities (DSA) are required to make their condition known to find the best possible accommodation to their needs.

Assessment methods

There are two partial exams. The admission to the second one is conditional on passing the first.

Students may only take either midterm exam if they have not previously enrolled in any exam for this course (either a midterm or final). Any student may enrol in the full final exam.

The exams are written and in presence. They will last approximately 60-90 minutes and will include both exercises and questions.

The grade is scaled as follows:

<18 failed
18-23 sufficient
24-27 good
28-30 very good
30 e lode excellent

Students can reject the final grade once. To this end, they must submit a request to the instructor using the form provided within the date set for registration.

Teaching tools

Textbook, slides and exercises.

Office hours

See the website of Jonathan Neil Chapman

See the website of Annalisa Loviglio