INDUSTRIAL ORGANIZATION

Academic year
2020/2021 Syllabus of previous years
Official course title
INDUSTRIAL ORGANIZATION
Course code
ET2028 (AF:341008 AR:181626)
Modality
On campus classes
ECTS credits
6
Degree level
Bachelor's Degree Programme
Educational sector code
SECS-P/06
Period
4th Term
Course year
3
Where
VENEZIA
Moodle
Go to Moodle page
This course is mainly concerned with understanding imperfectly competitive markets and the
behaviour of firms in these markets. It deals with various aspects of price competition, of product
differentiation, of strategic behaviour and determination of market structure, and on insights borrowed from Behavioural IO.

Analytically, the course is based on the application of game theory. A review of basic game
theory proceeds at the beginning of the course. The course then promotes the study of a rich
variety of game theoretic models of oligopoly, organised in an interrelated and progressive way.

The course aims to introduce a framework for comparing and contrasting various oligopoly
models, with a view to identify a few robust predictions that hold for a wide class of models.
Having successfully completed this module students will be able to:

Developed competence in handling analytical models
Be able to apply these models to new situations
A basic knowledge of Mciroeconomics. The willingness to approach the analytical aspects of these models.
The material is organized around the following topics:

1. A review of basic Game Theory

2. Classic static oligopoly models

3. Dynamic price competition and tacit collusion

4. Competition with product differentiation

5. Behavioural IO: Salient Consumers and Competition
Tirole, J. (1988), The Theory of Industrial Organization, MIT press

Church, J and R. Ware, Industrial Organisation: A Strategic Approach, McGraw Hill, 2000
(free pdf available online)

Bordalo, P., Gennaioli, N. and A. Shleifer (2013) Salience and Consumer Choice, JPE, 121, 803-843
Bordalo, P., Gennaioli, N. and A. Shleifer (2016) Competition for Attention, RES, 83(2), 481-513
This course is assessed by a written online assignment, possibly complemented by an oral exam.
The material is covered by a series of slides (available in advance of the lectures). Lectures will be offered synchronously, online and will be recorded and made available immediately after the lecture.
English
written
Definitive programme.
Last update of the programme: 24/01/2021