Industrial Organization

At the end of this learning unit, the student is able to :

In terms of knowledge, students should be able at the end of the course to
(i)    understand how and why oligopolistic firms manage to set equilibrium prices above marginal costs,
(ii)    analyze asymmetric information problems, in which firms choose their marketing strategy to inform consumers about product quality,
(iii)    address competition policy issues (cartels, collusion, mergers, exclusionary conduct),
(iv)    understand strategies and policies related to innovation and intellectual property,
(v)    analyze topical issues pertaining to network and platform markets.
In terms of skills, students should be able at the end of the course to
(vi)    read and discuss recent contributions to the theoretical and empirical literature in industrial organization.