75975 - BEHAVIOURAL ECONOMICS

Conoscenze e abilità da conseguire

This course aims at providing students with analytical tools useful to understand and make decisions in conditions of imperfect and incomplete information, risk and uncertainty. Students will learn how to deal with intertemporal choices, strategic interaction and the problems arising from information asymmetry and transaction costs

Contenuti

This Module, together with the Industrial Organization one, will deal with Competition Economics and Policy and Regulation Economics.

Competition Economics:

• Introduction
• Industrial organization tools for antritrust economics and policy
• Market power and welfare
• Collusion and horizontal agreements
• Horizontal mergers
• Vertical mergers
• Predation, monopolisation and other abusive practices

Regulation Economics:

• Introduction
• Alternatives to regulation
• Optimal pricing
• Incentive regulation
• Natural monopoly regulation
  
• Regulation in potentially competitive markets
  

Testi/Bibliografia

• M. Motta; Competition Policy - Theory and Practice. Cambridge, 2004.
• W. K. Viscusi, J. Harrington Jr., D. E. Sappington; Economics of Regulation and Antitrust, MIT Press 5th Edition, 2018.
• Further references will be provided when needed.
  

Metodi didattici

Traditional Lectures.

Modalità di verifica e valutazione dell'apprendimento

Written, closed book, exam, with free-response questions. The maximum mark (all answers correct and complete, with an appropriate level of formalization) is 30 e lode. Non-compulsory group presentations of antitrust/regulation cases will give up to 3 (three) extra points to be added the exam mark.

Mark scale:

<18 Fail.

18-23 Pass.

24-27 Good.

28-30 Distinction.

30 e lode Great Distinction.

If online, the exams will be held on the EOL platform and will have the same structure.

Strumenti a supporto della didattica

Slides

Orario di ricevimento

Consulta il sito web di Emanuele Bacchiega