General reading
Core texts: Cabral, Introduction to Industrial Organization Tirole, The Theory of Industrial Organization
Industrial Organization 2011-12
Welcome
Welcome to this blog. On it will be posted all of the slides and reading material for my Industrial Organisation teaching. Feel free to comment on posts with...
Lecture 1: Introduction to IO
In this lecture, we cover: What is IO? Monopoly Static oligopoly The structure of the rest of the course
Lecture 2: Further static oligopoly
In this lecture we cover: Some game theory Cournot versus Bertrand Kreps and Scheinkman (1983) Entry Welfare
Lecture 3: Entry, exit and predation
In this lecture we cover: A few footnotes to last week. Entry deterrence. Dixit-Spence. Fudenburg and Tirole. Predatory prici...
Lecture 4: Price Discrimination
In this lecture we cover:
Lecture 5: Product differentiation 1
In this lecture we cover: The Dixit-Stiglitz (1977) exogenous product differentiation model. The Hotelling (1929) linear-city model of endogenous differ...
Lecture 6: Product differentiation 2
This week we look more at product differentiation, covering Price discrimination in the Hotelling (1929) set-up. The Salop (1979) circular-city model, a...
Lecture 7: Collusion and Dynamic Oligopoly
In this lecture, we cover: Why collude? Examples and types of collusion. Collusion in Dynamic Oligopoly. The Folk Theorem. Factors facilitating co...
Lecture 8: Advertising
This week we look at advertising, covering: Different views on why advertising works. Several models and their welfare implications. Some empirics.
Lecture 9: Research and Development
In this lecture we look at R&D, covering: What R&D does. Whether competition helps or hinders R&D. Business stealing and entry deterrence....