84556 - Industrial Organization

Course Unit Page

Academic Year 2020/2021

Learning outcomes

The aim of this course is to provide students with a general and base knowledge of modern industrial organization based on strategic interaction among firms and consumers. Students will learn the functioning of the markets by analyzing the behavior of non-competitive firms, also with the tools of modern game theory. Industrial policies and regulation will be discussed together with the principles of competition policy.

Course contents

Part 1: Presentation of the course, microeconomics background.

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: Antitrust and regulatory instruments

Readings/Bibliography

L. Pepall, D. Richards, G. Norman, Industrial Organization, 4th or 5th 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; 25.3; 25.4.

Teaching methods

Standard front teaching and/or online. Students with disability or specific learning disabilities (DSA) are required to make their condition known to find the best possibile accomodation to their needs.

Assessment methods

In the Summer session (June, July, September 2020) the exam will be oral and individual on the Teams platform. It will last approximately 20 minutes. Rules about the carrying out of the exam are delivered in in my notice-board.

Later on, the exam should return to be written in presence. It will last between 60 and 90 minutes and it will be made of exercises (about 2/3 of the grade and questions (about 173 of the grade). The overall exam could be split in two partial exams following the same rules as the full exam.

Students can reject the final grade obtained at the exam once. To this end, he/she must email a request to the instructor within the date set for registration. The instructor will confirm reception of the request by email within the same date.

Teaching tools

Textbook and exercises.

Office hours

See the website of Flavio Delbono