- Docente: Flavio Delbono
- Credits: 6
- SSD: SECS-P/01
- Language: English
- Teaching Mode: Traditional lectures
- Campus: Bologna
- Corso: First cycle degree programme (L) in Economics and Finance (cod. 8835)
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, 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: Antitrust and regulation
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.
Assessment methods
Mid-semester written exam and final written exam. Exams includequestions and exercises.
Students can reject the 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