4.00 credits
30.0 h + 10.0 h
Q2
Teacher(s)
Scarmure Patrick;
Language
French
Prerequisites
The prerequisite(s) for this Teaching Unit (Unité d’enseignement – UE) for the programmes/courses that offer this Teaching Unit are specified at the end of this sheet.
Main themes
This learning unit models the strategic interaction between companies based on game theory developments (Nash equilibrium). The following topics are covered: oligopolistic competition, collusion, mergers, vertical relationships, product differentiation, barriers to entry and predatory strategies. Particular attention is dedicated to evaluating the allocative efficiency of markets and competition policy (cartels, abuse of dominant position and concentration operations).
Learning outcomes
At the end of this learning unit, the student is able to : | |
Given the « competencies referential » linked to the LSM Bachelor in Management and Business Engineering, this course mainly develops the following competencies:
At the end of the class, the student will be able to:
|
|
Bibliography
CABRAL, L. (2017), Introduction to Industrial Organization, 2d ed, MIT Press.
MOTTA, M. (2004), Competition Policy: Theory and Practice, Cambridge University Press.
BELLEFLAMME, P. & M. PEITZ (2015), Industrial Organization: Markets and Strategies, 2d ed,Cambridge University Press.
MOTTA, M. (2004), Competition Policy: Theory and Practice, Cambridge University Press.
BELLEFLAMME, P. & M. PEITZ (2015), Industrial Organization: Markets and Strategies, 2d ed,Cambridge University Press.
Faculty or entity
CLSM