Lehrveranstaltung im WS 11/12
Industrieökonomie (MA)/Industrial Organization (MA)

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Lehrinhalte:

Course Description

This course extends the basic concepts of Industrial Organization and presents advanced methods and topics. The focus is on business strategies such as price discrimination and product differentiation and on strategic interaction in oligopoly. Students will learn about the importance of the research and development activities of firms and how they are influenced by public policy in general and by the patent system in particular. The course models and evaluates business behavior from both a public policy and a managerial perspective.

Gliederung:

(Preliminary) Schedule

Note: This preliminary schedule is subject to change both in terms of the exact timetable and the topics covered. The slides for the respective lectures are available in the Download section.

17.10.	Introduction
18.10.	Review of Competition and monopoly (PRN ch. 2)
24.10.	Assignment 1
25.10. HS 031	Technology and cost; Price Discrimination and Monopoly (PRN ch . 5)
31.10.	Assignment 2
01.11. HS 3	Price Discrimination and Monopoly (PRN ch . 6)
07.11.	Assignment 3
08.11. HS 031	Product Variety under Monopoly: Horizontal Product Differentiation (PRN ch . 7)
14.11.	Assignment 4
15.11. HS 3	Product Variety and Quality under Monopoly: Vertical Product Differentiation (PRN ch . 7 cont.)
21.11.	Assignment 5
22.11. HS 031	Static Games: Cournot Competition (PRN ch . 9)
28.11.	Assignment 6
29.11. HS 3	Static Games: Price Competition (PRN ch . 10)
05.12.	Assignment 7
06.12. HS 031	Dynamic Games, First and Second Movers (PRN ch . 11)
12.12.	Assignment 8
13.12. HS 3	Horizontal Product Differentiation (see Clemenz und Mueller, ch. 4, topic only partly included in PRN (ch.10))
19.12.	Assignment 9
20.12. HS 031	Vertical Product Differentiation (see Clemenz und Mueller, ch. 4, topic only partly included in PRN (ch.10))
09.01.	Assignment 10
10.01. HS 3	Advertising (PRN ch. 20, 21)
16.01.	Assignment 11
17.01. HS 031	Network effects (PRN ch. 24)
23.01.	Assignment 12
24.01. HS 3	Research and Development (PRN ch. 22)
30.01.	Assignment 13
31.01. HS 031	Patents and Patent Policy (PRN ch. 23)
06.02.	Assignment 14
07.02. HS 031	Review Session

Literatur:

The reference texts for this course are Pepall, Richard, and Norman (PRN): Industrial Organization: Contemporary theory and practice, South Western, 3rd edition. 2005 (or Industrial Organization: Contemporary theory and practice, Wiley, 4th edition. 2008) and Pepall/Richards/Norman: Contemporary Industrial Organization: A Quantitative Approach, resp. We recommend that you buy the more advanced "Quantitative Approach" text book.

The PRN slides for the respective chapters are available here.

Supplementary text books are D.W. Carlton and J.M. Perloff: Modern Industrial Organization, Pearson, 4th edition 2005 and – at an introductory level - Luis Cabral: Introduction to Industrial Organization, MIT Press, 2000. An advanced text book, on which parts of the course are based, is Tirole, J., The Theory of Industrial Organization. MIT-Press, 1988. Additionally I'll refer to the text Industrial Organization - Markets and Strategies by Paul Belleflamme and Martin Peitz, Cambridge University Press 2010. For those looking for a German text, I recommend the more theoretically oriented book by Helmut Bester: Theorie der Industrieökonomik, third edition, Springer, Berlin 2004.

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